Logansport Financial Corp. Announces First Quarter Dividend
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.
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.
News Market Reaction – LOGN
In the trading session that priced this news, LOGN declined 0.55%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
