LCNB Corp. announces dividend of $0.22 per share

Published 19/05/2025, 21:14
LCNB Corp. announces dividend of $0.22 per share

LEBANON, Ohio - LCNB Corp. (NASDAQ:LCNB), the Ohio-based financial holding company, has declared a quarterly cash dividend for its shareholders. The company’s Board of Directors has set the dividend at $0.22 per common share, representing an attractive 5.67% annual yield. According to InvestingPro data, LCNB has maintained dividend payments for 26 consecutive years, with increases in the last 7 years. Shareholders on record as of June 2, 2025, will be eligible to receive the dividend, which is scheduled for payment on June 16, 2025.

LCNB Corp., with its subsidiary LCNB National Bank, provides banking services across several counties in Southwest and South-Central Ohio. With a market capitalization of $216 million and a strong financial health score according to InvestingPro, the bank’s offerings include a variety of personal and business banking services, such as checking and savings accounts, online banking, personal and business lending, agricultural lending, as well as investment and trust services.

The announcement of the dividend follows LCNB Corp.’s tradition of returning value to its shareholders. The company has positioned itself as a community-focused institution, emphasizing strong customer relationships and comprehensive banking solutions.

The distribution of dividends is a common practice among established financial institutions as a means of sharing profits with investors. LCNB Corp.’s decision to issue a dividend reflects its ongoing commitment to shareholder returns.

This dividend declaration is based on a press release statement from LCNB Corp. and provides shareholders with specific details regarding the record and payment dates for the dividend distribution. The company’s shares are publicly traded on the NASDAQ Capital Market Exchange under the ticker symbol LCNB.

Investors and shareholders can find more information about LCNB Corp. and its financial services by visiting the company’s website.

In other recent news, LCNB Corp. announced a quarterly cash dividend of $0.22 per common share. This dividend is scheduled for distribution on March 17, 2025, to shareholders who are on record as of March 3, 2025. The announcement highlights the company’s ongoing commitment to returning value to its shareholders. LCNB Corp. operates through its subsidiary, LCNB National Bank, and serves regions in Southwest and South-Central Ohio, as well as Northern Kentucky. The company offers a wide range of banking services, including personal and business lending, investment services, and more. This dividend declaration continues LCNB Corp.’s tradition of consistent financial performance. The information was released through a press statement by LCNB Corp., aimed at informing shareholders and the market about this financial distribution.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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