SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4750)2/15/2018 11:27:58 AM
From: richardred  Read Replies (3) | Respond to of 6084
 
LYBC- Lyons Bancorp oldest holding in my portfolio. This from an II investor who shied away from boring bank stocks. :+ ) Two stock splits since my initial buy. a 3/2 and a 2/1. However still very ill liquid, and many of the tellers I knew, have now retired.


Lyons Bancorp, Inc. Declares Second Dividend Increase in 2017

Posted on Monday, November 27, 2017 - 8:40am

At its recent meeting held on November 21, 2017, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, increased the institution’s quarterly dividend to $0.27 per common share - $1.08 annualized. This is the second time this year the Board has taken this action. “While it is not the first time our Board has increased our common stock dividend multiple times within one year, the Bank’s continued profitability and growth allowed the Directors to again take this action, ” said Robert A. Schick, Chairman and Chief Executive Officer. “At our current trading price, the dividend yield is 3.08%.” The dividend will be paid on January 15, 2018, to all common stock shareholders of record at the close of business December 31, 2017. At the same meeting, the Board declared the regular quarterly dividend on the Company’s 5.00% non-cumulative convertible preferred stock. That dividend will be paid on December 15, 2017, to all shareholders of record on November 30, 2017.
Lyons Bancorp, Inc. is the holding company for The Lyons National Bank. The Lyons National Bank is a $1.02 billion independent, community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario, and Wolcott in Wayne County; Jordan in Onondaga County; Auburn in Cayuga County; Geneva and Canandaigua in Ontario County; Penn Yan in Yates County; Waterloo in Seneca County; and Perinton in Monroe County. The Lyons National Bank has one subsidiary, Lyons Realty Associates Corp.

bankwithlnb.com