Ledyard Financial Group Declares Quarterly Dividend

Rhea-AI Summary

Ledyard Financial Group (LFGP) has announced a regular quarterly dividend of $0.21 per share, payable on March 4, 2022, to shareholders of record as of February 18, 2022. Headquartered in Hanover, New Hampshire, Ledyard Financial Group operates Ledyard National Bank, a community bank providing banking, investment, and wealth management services since 1991. The company's shares trade on the OTC Markets under the symbol LFGP, allowing investors to engage with their financial offerings and services.

Positive

• Ledyard Financial Group announced a quarterly dividend of $0.21, signaling confidence in financial stability and commitment to returning value to shareholders.

Negative

• Forward-looking statements indicate risks related to competitive pressure, interest rate changes, and economic conditions that could affect future performance.

HANOVER, N.H.--(BUSINESS WIRE)-- Ledyard Financial Group (Ticker Symbol: LFGP) announced a regular quarterly dividend of $0.21 payable March 4, 2022 to shareholders of record as of February 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, Gregory D. Steverson. greg.steverson@ledyardbank.com

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/20220128005357/en/

Greg Steverson, COO, EVP & CFO

Greg.steverson@ledyardbank.com

(603) 640-2666

Source: Ledyard Financial Group, Inc.

FAQ

What is the date of the next dividend payment for LFGP?

The next dividend payment for Ledyard Financial Group (LFGP) is on March 4, 2022.

How much is the dividend for LFGP?

Ledyard Financial Group has declared a dividend of $0.21 per share.

What is the record date for the LFGP dividend?

The record date for the Ledyard Financial Group dividend is February 18, 2022.

What does the LFGP dividend announcement mean for investors?

The dividend announcement reflects Ledyard Financial Group's financial health and commitment to returning value to shareholders.