LCNB Corp. Announces Second Quarter Dividend

Rhea-AI Summary

LCNB Corp. has declared a cash dividend of $0.20 per common share. The record date for this dividend is June 1, 2022, and it will be payable to shareholders on June 15, 2022. This announcement reflects the company's commitment to returning value to its shareholders. The firm operates through its subsidiary, LCNB National Bank, serving customers in Southwest and South-Central Ohio.

Positive

• Cash dividend of $0.20 per share declared.
• Dividend payable on June 15, 2022.

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• None.

LEBANON, Ohio--(BUSINESS WIRE)-- LCNB Corp. (Nasdaq: LCNB) today announced that the Company’s Board of Directors declared a cash dividend of $0.20 per common share. The common stock cash dividend will have a record date of June 1, 2022, and is payable to shareholders on June 15, 2022.

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 the Southwest and South-Central Ohio regions. 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 continually strives to exceed customer expectations and provides an array of services for all personal and business banking needs including checking, savings, digital 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/20220516005793/en/

Company Contact:

Eric J. Meilstrup

President 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 declared by LCNB Corp?

LCNB Corp. declared a cash dividend of $0.20 per common share.

When is the record date for LCNB Corp's dividend?

The record date for LCNB Corp's dividend is June 1, 2022.

When will LCNB's dividend be paid?

LCNB's dividend will be payable on June 15, 2022.

Is the dividend sustainable for LCNB Corp?

The press release does not provide specific information on the sustainability of the dividend.