On 5/5/11, Lake Shore Bancorp Inc (NASDAQ:LSBK) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 5/24/11. As a percentage of LSBK's recent stock price of $10.95, this dividend works out to approximately 0.64%.
Below is a dividend history chart for LSBK, showing historical dividends prior to the most recent $0.07 declared by Lake Shore Bancorp Inc:
LSBK 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 LSBK is likely to continue, and whether the current estimated yield of 2.56% on annualized basis is a reasonable expectation of annual yield going forward.
LSBK operates in the Banking & Savings sector, among companies like Cullen/Frost Bankers, Inc. (NYSE:CFR) which is down about 1% today, and BOK Financial Corp. (NASDAQ:BOKF) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of LSBK, versus CFR and BOKF.
In Wednesday trading, Lake Shore Bancorp Inc shares are currently trading flat on the day.
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