Level One Bancorp Announces Second Quarter Cash Dividend

Rhea-AI Summary

Level One Bancorp announced a quarterly cash dividend of $0.06 per share, payable on July 15, 2021, to shareholders recorded by June 30, 2021. The Company, headquartered in Michigan, has assets of approximately $2.57 billion as of March 31, 2021, and operates sixteen banking centers throughout Southeast and West Michigan. This dividend reflects the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.06 per share demonstrates financial stability and shareholder return.

Negative

• None.

News Market Reaction – LEVL

+0.83%

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+0.83% News Effect

On the day this news was published, LEVL gained 0.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

FARMINGTON HILLS, Mich., June 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 July 15, 2021, to shareholders of record on June 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 $2.57 billion as of March 31, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com. 

FAQ

What is the dividend amount announced by Level One Bancorp?

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

When will the Level One Bancorp dividend be paid?

The dividend will be paid on July 15, 2021.

What is the record date for Level One Bancorp's dividend?

The record date for the dividend is June 30, 2021.

How much assets does Level One Bancorp have?

As of March 31, 2021, Level One Bancorp has approximately $2.57 billion in assets.