Lyons Bancorp, Inc. Declares Second Quarter Dividend
The Board of Directors of Lyons Bancorp, Inc., the parent company of The Lyons National Bank, declared second quarter cash dividends for both its convertible preferred and common stock issues. The convertible preferred dividend of $12.50 per thousand dollar certificate will be paid on June 15, 2017. The common stock dividend of $0.26 per share will be paid on July 15, 2017 to all shareholders of record at the close of business on June 30, 2017.
“Our continued positive earnings momentum afforded the Board of Directors the confidence to declare both of these dividends,” said Robert A. Schick, Chairperson and Chief Executive Officer. “At our recently held annual shareholders’ meeting, we reviewed our strong financial performance for 2016 and noted that last year was the 20th consecutive year Lyons Bancorp has posted record earnings.”