Limestone Bancorp, Inc. Declares Quarterly Cash Dividend of $0.05 Per Common Share

Rhea-AI Summary

Limestone Bancorp (NASDAQ: LMST) has declared a cash dividend of $0.05 per common share. This dividend is scheduled for payment on December 5, 2022, to shareholders of record as of November 16, 2022. The company, based in Louisville, Kentucky, holds $1.5 billion in assets and operates in 14 counties through its subsidiary, Limestone Bank.

Positive

• Declared a dividend of $0.05 per share, enhancing income for shareholders.
• Demonstrates company confidence with a consistent dividend payout.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Limestone Bancorp, Inc. (NASDAQ: LMST) (the “Company”), parent company of Limestone Bank, announced today that its Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on December 5, 2022, to shareholders of record as of November 16, 2022.

About Limestone Bancorp, Inc.

Limestone Bancorp, Inc. is a Louisville, Kentucky-based bank holding company with $1.5 billion in assets. It operates banking centers in 14 counties through its wholly-owned subsidiary Limestone Bank. The Bank’s markets include metropolitan Louisville in Jefferson County and the surrounding counties of Bullitt and Henry and extend south along the Interstate 65 corridor. The Bank serves south central, southern, and western Kentucky from banking centers in Barren, Butler, Daviess, Edmonson, Green, Hardin, Hart, Ohio, and Warren counties. The Bank also has banking centers in Lexington, Kentucky, the second largest city in the state, and Frankfort, Kentucky, the state capital. Limestone Bank is a traditional community bank with a wide range of personal and business banking products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221101006287/en/

John T. Taylor

Chief Executive Officer

(502) 499-4800

Source: Limestone Bancorp, Inc.

FAQ

When will Limestone Bancorp pay its dividend?

Limestone Bancorp will pay its dividend on December 5, 2022.

What is the dividend amount declared by Limestone Bancorp?

The dividend amount declared by Limestone Bancorp is $0.05 per common share.

Who is eligible for the Limestone Bancorp dividend?

Shareholders of record as of November 16, 2022, are eligible for the dividend.

What is Limestone Bancorp's asset size?

Limestone Bancorp has assets totaling $1.5 billion.