Core Points - Lake Shore Bancorp, Inc. declared a cash dividend of $0.18 per share on its outstanding common stock, with payment expected on August 16, 2024, to stockholders of record as of August 12, 2024 [1] - The Company received written approval from the Federal Reserve Bank of Philadelphia to pay this cash dividend on July 8, 2024 [1] Company Overview - Lake Shore Bancorp, Inc. is the mid-tier holding company for Lake Shore Savings Bank, a community-oriented financial institution based in Dunkirk, New York [2] - The Bank operates eleven full-service branch locations in Western New York, providing a range of retail and commercial lending and deposit services [2] - The Company's common stock is traded on the NASDAQ Global Market under the ticker symbol "LSBK" [2]
Lake Shore Bancorp, Inc. Declares Second Quarter 2024 Dividend