LCNB Corp. Announces 2024 Third Quarter Dividend

Rhea-AI Summary

LCNB Corp. (Nasdaq: LCNB) has declared a cash dividend of $0.22 per common share for the third quarter of 2024. The dividend has a record date of September 3, 2024, and will be payable to shareholders on September 16, 2024. This announcement demonstrates LCNB's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite potential economic uncertainties. The consistency in dividend payments may be seen as a positive sign of the company's financial stability and confidence in its future performance.

Positive

• Consistent dividend payment of $0.22 per share
• Maintaining shareholder returns in potentially challenging economic conditions

Negative

• None.

LEBANON, Ohio--(BUSINESS WIRE)-- LCNB Corp. (Nasdaq: LCNB) today announced that the Company’s Board of Directors declared a cash dividend of $0.22 per common share. The common stock cash dividend will have a record date of September 3, 2024, and is payable to shareholders on September 16, 2024.

About LCNB Corp.

LCNB Corp. is a financial holding company headquartered in Lebanon, Ohio. Through its subsidiary, LCNB National Bank (the “Bank”), it serves customers and communities in Southwest and South-Central Ohio and Northern Kentucky. A financial institution with a long tradition for building strong relationships with customers and communities, the Bank offers convenient banking locations in Butler, Clermont, Clinton, Fayette, Franklin, Hamilton, Montgomery, Preble, Ross, and Warren Counties, Ohio. The Bank also provides community-oriented banking services to customers in Northern Kentucky through a bank office in Boone County, Kentucky. The Bank continually strives to exceed customer expectations and provides an array of services for all personal and business banking needs including checking, savings, online banking, personal lending, business lending, agricultural lending, business support, deposit and treasury, investment services, trust and IRAs and stock purchases. LCNB Corp. common shares are traded on the NASDAQ Capital Market Exchange® under the symbol “LCNB.” Learn more about LCNB Corp. at www.lcnb.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240822017113/en/

Company Contact:

Eric J. Meilstrup

President and Chief Executive Officer

LCNB National Bank

(513) 932-1414

Shareholderrelations@lcnb.com

Investor and Media Contact:

Andrew M. Berger

Managing Director

SM Berger & Company, Inc.

(216) 464-6400

andrew@smberger.com

Source: LCNB Corp.

FAQ

What is the dividend amount for LCNB Corp. (LCNB) for Q3 2024?

LCNB Corp. has declared a cash dividend of $0.22 per common share for the third quarter of 2024.

When is the record date for LCNB's Q3 2024 dividend?

The record date for LCNB's third quarter 2024 dividend is September 3, 2024.

What is the payment date for LCNB's Q3 2024 dividend?

The payment date for LCNB's third quarter 2024 dividend is September 16, 2024.

Has LCNB Corp. (LCNB) changed its dividend amount compared to previous quarters?

The press release does not provide information on previous dividend amounts, so we cannot determine if there has been a change in the dividend amount.