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News  ›  GlobeNewswire Inc.

Lake City Bank Parent Announces 4% Increase in Quarterly Dividend

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Lake City Bank Parent Announces 4% Increase in Quarterly Dividend

Lakeland Financial Corporation's Board of Directors approved a quarterly cash dividend of $0.52 per share for Q1 2026, representing a 4% increase from the previous $0.50 per share. CEO David M. Findlay attributed the increase to the company's strong capital foundation and disciplined balance sheet management. Lake City Bank, the parent company's subsidiary, operates 55 branches across Central and Northern Indiana.

Insights
LKFN   positive

The company announced a 4% dividend increase, demonstrating financial strength, profitability, and confidence in future performance. The CEO's statement about a strong capital foundation and disciplined management strategy further reinforces positive financial health and shareholder returns.