Logansport Financial Corp. Announces an Increase in Fourth Quarter Dividend

Rhea-AI Summary

Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.45 per share for Q4 2022, marking a 12.5% increase from the previous quarter. This dividend is scheduled to be paid on January 16, 2023, to shareholders on record by December 15, 2022. This increase reflects the company's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend increased by 12.5%
• Dividend amount of $0.45 boosts shareholder income
• Demonstrates company confidence in financial stability

Negative

• None.

News Market Reaction

-2.48%

1 alert

-2.48% News Effect

On the day this news was published, LOGN declined 2.48%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LOGANSPORT, Ind., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Logansport Financial Corp. (OTCBB – Symbol “LOGN”), an Indiana corporation which is the holding company for Logansport Savings Bank, a State Commercial bank located in Logansport, Indiana, announces that Logansport Financial Corp. has declared an increase in the quarterly cash dividend to $.45 on each share of its common stock for the fourth quarter of 2022. This represents a 12.5% increase from the previous quarter. The dividend is payable on January 16, 2023 to the holders of record on December 15, 2022.

Contact: Kristie Richey
Chief Financial Officer
Phone 574-722-3855
Fax 574-722-3857

FAQ

What is the new dividend amount for Logansport Financial Corp. (LOGN)?

Logansport Financial Corp. has declared a new dividend amount of $0.45 per share.

When will the dividend for LOGN be paid?

The dividend will be paid on January 16, 2023.

What is the record date for the LOGN dividend?

The record date for the dividend is December 15, 2022.

How much has the LOGN dividend increased?

The dividend has increased by 12.5% from the previous quarter.