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Logansport Financial Corp. Announces First Quarter Dividend

Logansport Financial Corp. (LOGN) has announced a quarterly cash dividend of $0.45 per share for Q1 2023.

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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Rhea-AI Summary

Logansport Financial Corp. (LOGN) has announced a quarterly cash dividend of $0.45 per share for Q1 2023. This dividend will be payable on April 24, 2023 to stockholders of record as of March 22, 2023. As a holding company for Logansport Savings Bank, this declaration reflects the company's ongoing commitment to returning value to its shareholders. This dividend amount is significant, as it indicates financial stability and shareholder confidence.

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Positive

  • Quarterly cash dividend of $0.45 announced for Q1 2023, reflecting shareholder value.
  • Dividend payment scheduled for April 24, 2023, signaling ongoing financial stability.

Negative

  • None.
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-0.55% session move Open Argus
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News Market Reaction – LOGN

The recorded move for LOGN in the trading session of this news was -0.55%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LOGANSPORT, Ind., Feb. 22, 2023 (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 a quarterly cash dividend of $.45 on each share of its common stock for the first quarter of 2023. The dividend is payable on April 24, 2023 to the holders of record on March 22, 2023.

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


FAQ

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

What is the dividend amount declared by Logansport Financial Corp. for Q1 2023?

Logansport Financial Corp. declared a dividend of $0.45 per share for Q1 2023.

When will the dividend be paid to shareholders?

The dividend will be paid on April 24, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is March 22, 2023.

How often does Logansport Financial Corp. declare dividends?

Logansport Financial Corp. typically declares dividends quarterly.

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