Ledyard Financial Group Declares Quarterly Dividend

Rhea-AI Summary

Ledyard Financial Group (Ticker: LFGP) announced a quarterly dividend of $0.21, scheduled for payment on December 2, 2022, to shareholders of record by November 18, 2022. The company, based in Hanover, New Hampshire, operates as the holding company for Ledyard National Bank, a full-service community bank offering banking, investment, and wealth management services.

Positive

• Quarterly dividend of $0.21 provides direct income for shareholders.
• Continued confidence in shareholder returns with regular dividend payments.

Negative

• None.

HANOVER, N.H.--(BUSINESS WIRE)-- Ledyard Financial Group (Ticker Symbol: LFGP) announced a regular quarterly dividend of $0.21 payable December 2, 2022, to shareholders of record as of November 18, 2022.

Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full-service community bank offering a broad range of banking, investment, and wealth management services.

Ledyard Financial Group, Inc. shares can be bought and sold through the NASD sanctioned “OTC Markets” under the trading symbol LFGP. Shares may be traded through an individual’s broker. For more information, please refer to the “Investor Relations” section of the bank’s website at www.ledyardbank.com or contact the bank’s Chief Financial Officer, Peter Sprudzs at peter.sprudzs@ledyard.bank

Forward-Looking Statements: Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, competitive pressure in the banking industry, balance sheet management, net interest margin variations, the effect of changes in equity prices on assets under management, the ability to control costs and expenses, changes in the interest rate environment, financial policies of the United States government, and general economic conditions. The Company disclaims any obligation to update any such factors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221028005373/en/

For further information contact:

Peteris Sprudzs, CFO

Peter.sprudzs@ledyard.bank

(603) 640-2743

Ticker Symbol: LFGP

Source: Ledyard Financial Group, Inc.

FAQ

What is the dividend amount for LFGP?

Ledyard Financial Group announced a quarterly dividend of $0.21.

When is the dividend payable for LFGP?

The dividend is payable on December 2, 2022.

What is the record date for LFGP's dividend?

The record date for the dividend is November 18, 2022.

How can I purchase LFGP shares?

LFGP shares can be bought and sold through OTC Markets via a broker.

What services does Ledyard Financial Group offer?

Ledyard Financial Group offers banking, investment, and wealth management services.