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Level One Bancorp Announces Quarterly Common Stock Cash Dividend

Level One Bancorp announced a quarterly cash dividend of $0.06 per share, payable on October 15, 2021, to shareholders of record on September 30, 2021.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Level One Bancorp announced a quarterly cash dividend of $0.06 per share, payable on October 15, 2021, to shareholders of record on September 30, 2021. The company operates sixteen banking centers across Southeast and West Michigan and manages assets totaling approximately $2.51 billion as of June 30, 2021.

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Positive

  • Quarterly cash dividend of $0.06 per share boosts shareholder income.
  • Strong asset base of approximately $2.51 billion indicates financial stability.

Negative

  • None.
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News Market Reaction – LEVL

The recorded move for LEVL in the trading session of this news was +0.75%.

Data tracked by StockTitan Argus. Session date unavailable.

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FARMINGTON HILLS, Mich., Sept. 15, 2021 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. (“Level One”) (Nasdaq: LEVL) announced that the Board of Directors of Level One had declared a quarterly cash dividend on its common stock of $0.06 per share payable on October 15, 2021, to shareholders of record on September 30, 2021.

Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.51 billion as of June 30, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com.


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by Level One Bancorp for 2021?

Level One Bancorp announced a dividend of $0.06 per share.

When is the dividend payment date for Level One Bancorp?

The dividend is payable on October 15, 2021.

Who is eligible to receive the dividend from Level One Bancorp?

Shareholders of record on September 30, 2021, are eligible to receive the dividend.

What is the current asset size of Level One Bancorp?

Level One Bancorp has assets of approximately $2.51 billion as of June 30, 2021.

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