Logansport Financial Corp. Announces an Increase in Fourth Quarter Dividend
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.
Sentiment and the balance of points
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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.
Details
News Market Reaction – LOGN
The recorded move for LOGN in the trading session of this news was -2.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Contact: Kristie Richey
Chief Financial Officer
Phone 574-722-3855
Fax 574-722-3857
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