Logansport Financial Corp. Announces Special Dividend to Shareholders
Logansport Financial Corp. (OTCBB: LOGN) declared a special dividend of $2.00 per share for shareholders on record as of April 15, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Logansport Financial Corp. (OTCBB: LOGN) declared a special dividend of $2.00 per share for shareholders on record as of April 15, 2021. The dividend, which recognizes strong corporate performance, will be distributed on May 14, 2021. President Arden L. Cramer emphasized this payout as a reward for loyal shareholders, exceeding typical quarterly dividends.
Positive
- Special dividend of $2.00 per share enhances shareholder value.
- Reflects strong financial performance and confidence in future.
Negative
- None.
Details
News Market Reaction – LOGN
The recorded move for LOGN in the trading session of this news was +0.85%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOGANSPORT, Ind., March 17, 2021 (GLOBE NEWSWIRE) -- Logansport Financial Corp. (OTCBB – Symbol “LOGN”) (the “Corporation”) announced today that the Board of Directors has approved a Special Dividend of
According to Arden L. Cramer, President of the Corporation, the special dividend represents recognition of continued strong performance, which allows the Corporation to reward its loyal shareholders beyond normal quarterly dividends.
Logansport Financial Corp. (OTCBB: “LOGN.OB”), an Indiana corporation, is the holding company for Logansport Savings Bank, a State Commercial Bank located in Logansport, Indiana.
Contact: Chad Higgins
Chief Financial Officer
Phone Number: 572-722-3855
Fax 574-722-3857
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