Lake City Bank Parent Announces 4% Increase in Quarterly Dividend
Lakeland Financial (LKFN), parent company of Lake City Bank, has announced a 4% increase in its quarterly dividend to $0.50 per share, up from $0.48 in 2024. The dividend will be payable on February 5, 2025, to shareholders of record as of January 25, 2025.
The company highlighted its impressive 11% compound annual growth rate in dividends over the past five years. Lake City Bank, founded in 1872, operates 54 branch offices throughout Central and Northern Indiana, with assets of $6.7 billion. The bank emphasizes building long-term customer relationships while offering advanced digital banking solutions for both retail and commercial clients.
Lakeland Financial (LKFN), la società madre di Lake City Bank, ha annunciato un aumento del 4% del suo dividendo trimestrale a $0.50 per azione, rispetto ai $0.48 del 2024. Il dividendo sarà pagabile il 5 febbraio 2025 agli azionisti registrati al 25 gennaio 2025.
L'azienda ha messo in evidenza il suo impressionante tasso di crescita annuale composto dell'11% nei dividendi negli ultimi cinque anni. Lake City Bank, fondata nel 1872, gestisce 54 filiali in tutto il centro e il nord dell'Indiana, con attivi per $6,7 miliardi. La banca enfatizza l'importanza di costruire relazioni di lungo termine con i clienti, offrendo soluzioni bancarie digitali avanzate sia per clienti al dettaglio che commerciali.
Lakeland Financial (LKFN), la empresa matriz de Lake City Bank, ha anunciado un aumento del 4% en su dividendo trimestral a $0.50 por acción, subiendo desde los $0.48 en 2024. El dividendo se pagará el 5 de febrero de 2025 a los accionistas registrados a partir del 25 de enero de 2025.
La empresa destacó su impresionante tasa de crecimiento anual compuesta del 11% en dividendos durante los últimos cinco años. Lake City Bank, fundada en 1872, opera 54 sucursales en todo el centro y el norte de Indiana, con activos de $6.7 mil millones. El banco enfatiza la construcción de relaciones a largo plazo con los clientes, mientras ofrece soluciones bancarias digitales avanzadas tanto para clientes minoristas como comerciales.
레이클랜드 파이낸셜 (LKFN), 레이크 시티 뱅크의 모회사,가 분기 배당금을 4% 인상하여 주당 $0.50으로 발표했습니다. 이는 2024년의 $0.48에서 증가한 수치입니다. 배당금은 2025년 2월 5일에 2025년 1월 25일 기준의 주주에게 지급됩니다.
회사는 지난 5년 동안 배당금의 연평균 복리 성장률이 11%에 달한다는 점을 강조했습니다. 1872년에 설립된 레이크 시티 뱅크는 인디애나 중부와 북부 전역에 54개의 지점을 운영하고 있으며, 자산은 $67억 달러입니다. 이 은행은 소매 및 상업 고객에게 고급 디지털 뱅킹 솔루션을 제공하면서 장기적인 고객 관계 구축을 강조합니다.
Lakeland Financial (LKFN), la société mère de Lake City Bank, a annoncé une augmentation de 4 % de son dividende trimestriel à 0,50 $ par action, contre 0,48 $ en 2024. Le dividende sera payable le 5 février 2025 aux actionnaires inscrits au 25 janvier 2025.
L'entreprise a souligné son impressionnant taux de croissance annuel composé de 11 % des dividendes au cours des cinq dernières années. La Lake City Bank, fondée en 1872, possède 54 agences dans tout le centre et le nord de l'Indiana, avec des actifs de 6,7 milliards de dollars. La banque met l'accent sur la construction de relations clients à long terme tout en offrant des solutions bancaires numériques avancées pour les clients particuliers et commerciaux.
Lakeland Financial (LKFN), die Muttergesellschaft der Lake City Bank, hat eine Erhöhung der vierteljährlichen Dividende um 4% auf $0,50 pro Aktie angekündigt, ein Anstieg von $0,48 im Jahr 2024. Die Dividende wird am 5. Februar 2025 an Aktionäre ausgezahlt, die am 25. Januar 2025 im Register stehen.
Das Unternehmen hebt seine beeindruckende jährliche Wachstumsrate von 11% bei Dividenden in den letzten fünf Jahren hervor. Die 1872 gegründete Lake City Bank betreibt 54 Filialen in ganz Mittel- und Nordindiana mit einem Vermögen von 6,7 Milliarden US-Dollar. Die Bank betont den Aufbau langfristiger Kundenbeziehungen und bietet fortschrittliche digitale Banklösungen sowohl für Privat- als auch für Geschäftskunden an.
- 4% increase in quarterly dividend to $0.50 per share
- 11% compound annual dividend growth rate over past 5 years
- Strong capital position supporting organic loan growth
- $6.7 billion in total assets
- None.
WARSAW, Ind., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2025 of
“We are pleased to announce another increase to our common stock dividend. Our compounded annual growth rate has been
Lake City Bank, a
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Contact
Lisa M. O’Neill
Executive Vice President and Chief Financial Officer
(574) 267-9125
lisa.oneill@lakecitybank.com
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