Latest Breaking News On - Lakeland financial corporation nasdaq global select - Page 10 : comparemela.com
Bank launches Lake City Bank Digital, a Next-Generation Platform for Consumers and Businesses
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Bank launches Lake City Bank Digital, a Next-Generation Platform for Consumers and Businesses
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Lake City Bank Parent Announces 13% Increase in Quarterly Dividend
Lake City BankJanuary 13, 2021 GMT
WARSAW, Ind., Jan. 13, 2021 (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 fourth quarter of 2020 of $0.34 per share, payable on February 5, 2021 to shareholders of record as of January 25, 2021. The quarterly dividend represents a 13% increase over the quarterly dividend rate paid in the first three quarters of 2020.
“Our continued strong capital position provides the foundation for increasing our dividend. As we enter 2021, this strong capital position supports this healthy 13% dividend increase.” said David M. Findlay, President and Chief Executive Officer.
Lakeland Financial Ranked in Bank Director Magazine’s Performance Powerhouses 2020 Study
December 22, 2020 11:00 ET | Source: Lake City Bank Lake City Bank Warsaw, Indiana, UNITED STATES
WARSAW, Ind., Dec. 22, 2020 (GLOBE NEWSWIRE) Lakeland Financial Corporation ranked seventh overall, and in the top ten in six of ten categories in Bank Director Magazine’s 2021 RankingBanking Performance Powerhouses study.
The study, published December 14, 2020, and sponsored by Crowe LLP, featured 20 banks that have delivered long-term value for their shareholders over time. Bank Director selected high-performing banks based on total shareholder return generated over a 20-year period ending June 30, 2020. Banks ranking in the top 20 for high performance varied in size, business model, strengths and geography. According to Bank Director Magazine, their common trait was a track record for successfully managing their institutions through ec