Lyons Bancorp Board Declares Common Stock Dividends
Canandaigua Clyde Geneva Jordan Lyons Macedon Newark Ontario Penn Yan Seneca County Wolcott Perinton Park Lyons (Main) Auburn (Downtown) Auburn (Grant Ave.), New York
At recent meetings, the Board of Directors of Lyons Bancorp, Inc., the financial holding company and the parent of The Lyons National Bank, declared the Company’s quarterly cash dividend on both its preferred and common stock. The Board declared the regular quarterly dividend on the Company’s 5.00% cumulative preferred stock. That dividend is payable on March 15, 2020, to all preferred shareholders of record at the close of business on February 29, 2020. The Board also declared a $0.31 quarterly cash dividend on its common stock. This dividend is payable on April 15, 2020, to all common stock shareholders of record at the close of business on March 31, 2020. At the time of this release, the annualized dividend yield on the Bank’s common stock exceeded 3.26%.