How To YieldBoost LBAI To 6.3% Friday, August 9, 11:38 AM ET, by Market News Video Staff Shareholders of Lakeland Bancorp, Inc. (LBAI) looking to boost their income beyond the stock's 2.4% ...
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On 4/27/11, Lakeland Bancorp, Inc. (NASDAQ:LBAI) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 5/16/11. As a percentage of LBAI's recent stock price of $10.07, this dividend works out to approximately 0.60%.
Below is a dividend history chart for LBAI, showing historical dividends prior to the most recent $0.06 declared by Lakeland Bancorp, Inc.:
LBAI Dividend History
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LBAI is likely to continue, and whether the current estimated yield of 2.38% on annualized basis is a reasonable expectation of annual yield going forward.
LBAI operates in the Banking & Savings sector, among companies like SVB Financial Group (NASDAQ:SIVB) which is up about 1% today, and Associated Banc-Corp. (NASDAQ:ASBC) trading lower by about 1.6%. Below is a three month price history chart comparing the stock performance of LBAI, versus SIVB and ASBC.
In Tuesday trading, Lakeland Bancorp, Inc. shares are currently trading flat on the day.
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