Lake Shore Bancorp, Inc. (NASDAQ:LSBK) Plans $0.09 Quarterly Dividend

Lake Shore Bancorp, Inc. (NASDAQ:LSBK) announced a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Monday, August 3rd will be paid a dividend of 0.09 per share by the savings and loans company on Wednesday, August 12th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, August 3rd.

Lake Shore Bancorp has decreased its dividend payment by an average of 0.0%per year over the last three years.

Lake Shore Bancorp Trading Up 1.1%

Shares of NASDAQ LSBK traded up $0.18 during midday trading on Friday, reaching $17.20. 41,475 shares of the company were exchanged, compared to its average volume of 9,242. The stock has a market cap of $135.19 million, a P/E ratio of 15.22 and a beta of 0.28. Lake Shore Bancorp has a 1 year low of $12.00 and a 1 year high of $17.96. The stock has a fifty day simple moving average of $16.47 and a 200 day simple moving average of $15.81.

Lake Shore Bancorp (NASDAQ:LSBK) last posted its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $0.29 EPS for the quarter. Lake Shore Bancorp had a return on equity of 5.95% and a net margin of 20.74%.The firm had revenue of $7.64 million during the quarter.

Lake Shore Bancorp Company Profile

Lake Shore Bancorp, Inc operates as a savings and loan holding company for Lake Shore Servings Bank. It offers personal services such as checking, savings, lending, banking, debit card, e-services, and online banking; and business services including deposit products, commercial loans, and business e-statements. The company was founded in 2006 and is headquartered in Dunkirk, NY.