November 21, 2019
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 the Company's quarterly cash dividend on both its preferred and common stock. The Bank's Board declared the regular quarterly dividend on the Company's 5.00% cumulative preferred stock. That dividend will be paid on December 13, 2019, to all preferred shareholders of record as of the close of business on November 30, 2019. The Board also declared a $0.31 quarterly dividend on its common stock. That dividend will be paid on January 15, 2020, to all common stock shareholders of record at the close of business on December 31, 2019. At the time of this release, the annualized dividend yield on the Bank's common stock exceeded 3.50%.
Lyons Bancorp, Inc. is the financial holding company for The Lyons National Bank. The Lyons National Bank is a community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario and Wolcott in Wayne County; Jordan in Onondaga County; Geneva and Canandaigua in Ontario County; Penn Yan in Yates County; Waterloo in Seneca County; Perinton in Monroe County; and Auburn in Cayuga County. The Lyons National Bank has one subsidiary, Lyons Realty Associates Corp.