Lyons Bancorp Inc., a financial holding company, provides a range of commercial and retail banking services to individual and small business customers. It offers checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. The company also provides loans comprising commercial real estate, agricultural real estate, commercial and agricultural, and consumer installment loans; and residential real estate loans that include classes for 1-4 family and home equity loans, as well as consumer loans, which comprise recreational, auto, personal, personal line of credit, and home improvement loans. In addition, it offers financial services, including retirement strategy, investment management, education savings, life insurance, long-term care insurance, and employer and employee benefit services. Further, the company provides mortgage, online and mobile banking, telephone banking, credit and debit card, online cash management, merchant, safe deposit boxes, wire transfer, traveler program, online bill pay, e-statements, money orders, and official checks services. It operates 16 branches located in Wayne, Onondaga, Yates, Ontario, Monroe, Seneca, and Cayuga counties, New York. The company was founded in 1852 and is headquartered in Lyons, New York.
Lyons Bancorp Dividend Announcement
• Lyons Bancorp announced a quarterly dividend of $0.40 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Lyons Bancorp annual dividend for 2024 was $1.15
• Lyons Bancorp annual dividend for 2023 was $1.47
• Lyons Bancorp's trailing twelve-month (TTM) dividend yield is 3.88%
• Lyons Bancorp's dividend growth over the last five years (2018-2023) was 5.22% year
• Lyons Bancorp's dividend growth over the last ten years (2013-2023) was 1.16% year
Lyons Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.40 | quarterly | 2024-10-15 |
2024-06-28 | $0.40 | quarterly | 2024-07-15 |
2024-03-27 | $0.35 | quarterly | 2024-04-15 |
2023-12-28 | $0.35 | quarterly | 2024-01-12 |
2023-11-29 | $0.07 | quarterly | 2023-12-11 |
2023-09-28 | $0.35 | quarterly | 2023-10-13 |
2023-06-29 | $0.35 | quarterly | 2023-07-14 |
2023-03-30 | $0.35 | quarterly | 2023-04-14 |
2022-12-30 | $0.35 | quarterly | 2023-01-13 |
2022-09-29 | $0.35 | quarterly | 2022-10-15 |
2022-06-29 | $0.34 | quarterly | 2022-07-15 |
2022-03-30 | $0.34 | quarterly | 2022-04-15 |
2021-12-30 | $0.31 | quarterly | 2022-01-14 |
2021-09-29 | $0.31 | quarterly | 2021-10-15 |
2021-07-30 | $0.10 | quarterly | 2021-07-15 |
2021-03-30 | $0.31 | quarterly | 2021-04-15 |
2020-12-30 | $0.31 | quarterly | 2021-01-15 |
2020-09-29 | $0.31 | quarterly | 2020-10-15 |
2020-06-29 | $0.31 | quarterly | 2020-07-15 |
2020-03-30 | $0.31 | quarterly | 2020-04-15 |
2019-12-30 | $0.31 | quarterly | 2020-01-15 |
2019-09-27 | $0.31 | quarterly | 2019-10-15 |
2019-06-27 | $0.30 | quarterly | 2019-07-15 |
2019-03-28 | $0.30 | quarterly | 2019-04-15 |
2018-12-28 | $0.30 | quarterly | 2019-01-15 |
2018-09-27 | $0.30 | quarterly | 2018-10-15 |
2018-06-28 | $0.27 | quarterly | 2018-07-15 |
2018-03-28 | $0.27 | quarterly | 2018-04-15 |
2017-12-28 | $0.27 | quarterly | 2018-01-15 |
2017-09-28 | $0.26 | quarterly | 2017-10-15 |
2017-06-28 | $0.26 | quarterly | 2017-07-15 |
2017-03-29 | $0.26 | quarterly | 2017-04-14 |
2016-12-28 | $0.25 | quarterly | |
2016-09-28 | $0.25 | quarterly | |
2016-06-28 | $0.25 | quarterly | |
2016-03-29 | $0.25 | quarterly | |
2015-12-29 | $0.20 | quarterly | |
2015-09-28 | $0.40 | quarterly | |
2015-06-26 | $0.38 | quarterly | |
2015-03-27 | $0.38 | quarterly | |
2014-12-29 | $0.38 | quarterly | |
2014-09-26 | $0.38 | quarterly | |
2014-06-26 | $0.33 | quarterly | |
2014-03-27 | $0.33 | quarterly | |
2013-12-27 | $0.36 | quarterly | |
2013-09-26 | $0.33 | quarterly | |
2013-06-26 | $0.31 | quarterly | |
2013-03-26 | $0.31 | quarterly |
Lyons Bancorp Dividend per year
Lyons Bancorp Dividend growth
Lyons Bancorp Dividend Yield
Lyons Bancorp current trailing twelve-month (TTM) dividend yield is 3.88%. Interested in purchasing Lyons Bancorp stock? Use our calculator to estimate your expected dividend yield:
Lyons Bancorp Financial Ratios
Lyons Bancorp Dividend FAQ
Other factors to consider when evaluating Lyons Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lyons Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lyons Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lyons Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lyons Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lyons Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lyons Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lyons Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lyons Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lyons Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.