Ledyard Financial Group Declares Quarterly Dividend

Rhea-AI Summary

Ledyard Financial Group (LFGP) declared a quarterly dividend of $0.20 per share, payable on September 3, 2021, to shareholders of record as of August 20, 2021. Based in Hanover, New Hampshire, Ledyard Financial Group operates as the holding company for Ledyard National Bank, which provides a comprehensive suite of banking, investment, and wealth management services. This announcement reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $0.20 per share reflects ongoing shareholder value.
• Strong community bank with diverse financial services.
• Consistent dividend payment schedule promotes investor confidence.

Negative

• None.

Ledyard Financial Group (Ticker Symbol: LFGP) announced today a regular quarterly dividend of $0.20 payable September 3, 2021 to shareholders of record as of August 20, 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/20210730005440/en/

FAQ

What is the dividend amount for LFGP?

The dividend amount for LFGP is $0.20 per share.

When is the dividend payment date for LFGP?

The dividend payment date for LFGP is September 3, 2021.

What is the record date for LFGP's dividend?

The record date for LFGP's dividend is August 20, 2021.

How frequently does LFGP pay dividends?

LFGP typically pays dividends on a quarterly basis.

Is the dividend sustainable for LFGP?

While the dividend has been consistent, sustainability will depend on future company performance and market conditions.