Lake Ridge Bancorp, Inc. Declares Third Quarter 2026 Dividend of $0.63 Per Share

Rhea-AI Summary

Lake Ridge Bancorp (OTCQX: LRBI) declared a third quarter 2026 cash dividend of $0.63 per share, payable on September 16, 2026 to shareholders of record as of August 19, 2026. Including this payment, 2026 dividends total $1.78 per share, versus $1.42 per share paid through September 30, 2025. Participants in the dividend reinvestment plan will have dividends reinvested at $134.41 per share, matching tangible book value as of June 30, 2026.

Positive

• $0.63 per share dividend declared for Q3 2026 with set pay date
• Total 2026 dividends reach $1.78 per share versus $1.42 through September 30, 2025
• Dividend reinvestment plan priced at tangible book value of $134.41 per share

Negative

• None.

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MADISON, Wis., Aug. 20, 2026 /PRNewswire/ -- Lake Ridge Bancorp, Inc. (OTCQX: LRBI), the holding company for Lake Ridge Bank ("Lake Ridge"), declared a dividend of $0.63 per share, payable on September 16, 2026, to shareholders of record as of August 19, 2026. Including this dividend, total dividends declared in 2026 are $1.78 per share, compared to total dividends of $1.42 per share paid through September 30, 2025.

Shareholders in the dividend reinvestment plan will have shares invested at $134.41 which was the tangible book value as of June 30, 2026.

For more information, Lake Ridge Bancorp, Inc.'s financial statement can be found at www.otcmarkets.com under LRBI. Learn more about the benefits of being a LRBI shareholder by visiting www.lakeridge.bank/lrbancorp/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Such factors include economic conditions, interest rate changes, government policy, execution of strategic initiatives, potential merger and acquisition activity, and global economic instability. Forward-looking statements speak only as of the date made, and LRBI undertakes no obligation to update them.

Lake Ridge Bank's mission is to "build prosperous communities, one relationship at a time." For more than 100 years, this has meant getting to know each of our clients to offer personalized services to meet their specific financial goals. Lake Ridge Bank offers a full line of financial products and services. We focus on offering products and services to make your banking easy. Our business banking and mortgage lenders are trusted leaders in their field with the expertise to provide the right loan at a competitive rate for our clients. As a community bank, we are dedicated to reinvesting in, and making our communities great places to live, work and raise a family. Visit lakeridge.bank to learn more about how we can help you.

Lake Ridge Bank. Go Far. Go Together!

Member FDIC | Equal Housing Lender

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SOURCE Lake Ridge Bancorp, Inc.

FAQ

What dividend did Lake Ridge Bancorp (OTCQX: LRBI) declare for the third quarter of 2026?

Lake Ridge Bancorp declared a third quarter 2026 cash dividend of $0.63 per share. According to Lake Ridge Bancorp, this dividend contributes to total 2026 dividends of $1.78 per share, compared with $1.42 per share paid through September 30, 2025.

When is the Lake Ridge Bancorp (LRBI) Q3 2026 dividend record date and payment date?

The Q3 2026 dividend is payable on September 16, 2026 to shareholders of record as of August 19, 2026. According to Lake Ridge Bancorp, investors holding LRBI shares on the record date will be eligible to receive the declared cash dividend.

How do 2026 dividends for Lake Ridge Bancorp (LRBI) compare with 2025?

Lake Ridge Bancorp reports $1.78 per share in total dividends declared for 2026 so far, compared with $1.42 per share paid through September 30, 2025. According to Lake Ridge Bancorp, this comparison reflects the cumulative dividends over the stated periods.

At what price are dividends reinvested under the Lake Ridge Bancorp (LRBI) dividend reinvestment plan?

Dividends in Lake Ridge Bancorp’s reinvestment plan are invested at $134.41 per share. According to Lake Ridge Bancorp, this price equals the company’s tangible book value as of June 30, 2026, and is used to determine the number of shares credited.

What does the Lake Ridge Bancorp (LRBI) 2026 dividend level mean for shareholders?

Shareholders receive cumulative 2026 dividends of $1.78 per share based on current declarations. According to Lake Ridge Bancorp, this total exceeds the $1.42 per share paid through September 30, 2025, indicating higher cash distributions for LRBI investors over the stated periods.