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

Rhea-AI Summary

Limestone Bancorp, Inc. (NASDAQ: LMST) announced a cash dividend of $0.05 per common share, set for payment on October 1, 2022, to shareholders of record as of September 16, 2022. The company, based in Louisville, Kentucky, has assets totaling $1.4 billion and operates through Limestone Bank across 14 counties, including key markets in Jefferson County and Lexington. The bank focuses on providing personal and business banking products and services, reinforcing its community banking role.

Positive

• Declared a cash dividend of $0.05 per share, showcasing financial strength.
• Assets of $1.4 billion indicate a robust financial position.

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 October 1, 2022, to shareholders of record as of September 16, 2022.

About Limestone Bancorp, Inc.
Limestone Bancorp, Inc. is a Louisville, Kentucky-based bank holding company with $1.4 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/20220817005671/en/

John T. Taylor

Chief Executive Officer

(502) 499-4800

Source: Limestone Bancorp, Inc.

FAQ

What is the dividend amount declared by Limestone Bancorp (LMST)?

Limestone Bancorp declared a cash dividend of $0.05 per common share.

When will the dividend for LMST be paid?

The dividend will be paid on October 1, 2022.

What is the record date for the dividend payment of LMST?

The record date for the dividend is September 16, 2022.

What are the assets of Limestone Bancorp (LMST)?

Limestone Bancorp has assets totaling $1.4 billion.