Lake Shore Bancorp, Inc. (NASDAQ:LSBK) Declares Quarterly Dividend of $0.08

Lake Shore Bancorp, Inc. (NASDAQ:LSBK) announced a quarterly dividend on Friday, October 27th, Wall Street Journal reports. Stockholders of record on Monday, November 6th will be paid a dividend of 0.08 per share by the savings and loans company on Monday, November 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Friday, November 3rd.

Shares of Lake Shore Bancorp (LSBK) opened at $15.94 on Friday. Lake Shore Bancorp has a 1 year low of $13.98 and a 1 year high of $16.59. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $97.30, a price-to-earnings ratio of 33.22 and a beta of -0.04.

Lake Shore Bancorp (NASDAQ:LSBK) last posted its quarterly earnings results on Thursday, October 26th. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter. Lake Shore Bancorp had a return on equity of 3.83% and a net margin of 13.64%. The firm had revenue of $4.88 million during the quarter.

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Lake Shore Bancorp Company Profile

Lake Shore Bancorp, Inc is a savings and loan holding company of Lake Shore Savings Bank (the Bank). The Bank’s loan portfolio consists of real estate loans and other loans. The real estate loans consist of residential one- to four-family, home equity, commercial and construction loans. The Bank’s other loans consists of commercial and consumer loans.

Dividend History for Lake Shore Bancorp (NASDAQ:LSBK)

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