At its recent meeting, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, declared its quarterly dividend on both its convertible preferred and common stock.
The dividend on its 5% convertible preferred stock will be paid on March 15, 2018, to all shareholders of record as of the close of business on February 28, 2018. The quarterly common stock dividend of $0.27 per share will be paid on April 15, 2018, to all shareholders of record as of the close of business on March 29, 2018.
“Lyons Bancorp experienced another outstanding year in 2017,” stated Board Chair and Chief Executive Officer, Robert A. Schick. “In addition to being the 21st consecutive year of record earnings, we added more new customers to our base than in any other prior year, and our asset and deposit growth in dollars was record setting.”