Lake Shore Bancorp, Inc. (LSBK) To Go Ex-Dividend on August 3rd

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

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

Lake Shore Bancorp Trading Up 1.1%

NASDAQ:LSBK traded up $0.18 during mid-day trading on Friday, hitting $17.20. 41,475 shares of the company’s stock traded hands, compared to its average volume of 9,242. The firm has a 50 day moving average of $16.47 and a two-hundred day moving average of $15.81. Lake Shore Bancorp has a 12 month low of $12.00 and a 12 month high of $17.96. The firm has a market capitalization of $135.19 million, a price-to-earnings ratio of 15.22 and a beta of 0.28.

Lake Shore Bancorp (NASDAQ:LSBKGet Free Report) last issued its quarterly earnings results 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 company had revenue of $7.64 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Lake Shore Bancorp from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Lake Shore Bancorp presently has a consensus rating of “Hold”.

Get Our Latest Analysis on LSBK

Lake Shore Bancorp Company Profile

(Get Free Report)

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.

See Also

Dividend History for Lake Shore Bancorp (NASDAQ:LSBK)

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