Ledyard Financial Group Declares Quarterly Dividend

Rhea-AI Summary

Ledyard Financial Group (LFGP) declared a quarterly dividend of $0.19 per share, scheduled for payment on March 5, 2021. Shareholders must be on record by February 12, 2021 to qualify for this dividend. Based in Hanover, New Hampshire, Ledyard Financial Group serves as the holding company for Ledyard National Bank, which offers a comprehensive suite of banking, investment, and wealth management services.

Positive

• Quarterly dividend of $0.19 indicates strong financial performance and confidence.
• Payment scheduled on March 5, 2021, enhances shareholder value.

Negative

• None.

Ledyard Financial Group (Ticker Symbol: LFGP) announced today a regular quarterly dividend of $0.19 payable March 5, 2021 to shareholders of record as of February 12, 2021.

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/20210129005351/en/

FAQ

What is the dividend amount for LFGP?

Ledyard Financial Group declared a quarterly dividend of $0.19 per share.

When will the dividend for LFGP be paid?

The dividend will be paid on March 5, 2021.

What is the record date for the LFGP dividend?

The record date for the dividend is February 12, 2021.

Is LFGP's dividend sustainable?

While the current dividend reflects financial strength, future sustainability depends on various factors including economic conditions and company performance.