LCNB Corp. Announces Third Quarter Dividend

Rhea-AI Summary

LCNB Corp. (NASDAQ: LCNB) declared a cash dividend of $0.20 per common share, with a record date of September 1, 2022, and a payment date of September 15, 2022. This announcement underscores the company's commitment to return value to its shareholders, reflecting financial stability in the current economic landscape.

Positive

• Dividend of $0.20 per common share reflects company confidence and financial stability.

Negative

• None.

LEBANON, Ohio--(BUSINESS WIRE)-- LCNB Corp. (Nasdaq: LCNB) today announced that the Company’s Board of Directors declared a cash dividend of $0.20 per common share. The common stock cash dividend will have a record date of September 1, 2022, and is payable to shareholders on September 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/20220815005478/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's dividend?

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

When will LCNB's dividend be paid?

The dividend will be payable to shareholders on September 15, 2022.

How frequently does LCNB Corp. pay dividends?

LCNB Corp. typically pays dividends quarterly, but it's best to check their announcements for specifics.

Is the dividend from LCNB Corp. sustainable?

The sustainability of the dividend can depend on various factors, including the company's financial health and market conditions.