Lakeland Bancorp, Inc. ( LBAI ) will begin trading ex-dividend on July 31, 2015. A cash dividend payment of $0.085 per share is scheduled to be paid on August 14, 2015. Shareholders who purchased LBAI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.33% increase over the same period a year ago. At the current stock price of $11.49, the dividend yield is 2.96%.
The previous trading day's last sale of LBAI was $11.49, representing a -8.08% decrease from the 52 week high of $12.50 and a 18.82% increase over the 52 week low of $9.67.
LBAI is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). LBAI's current earnings per share, an indicator of a company's profitability, is $.86. Zacks Investment Research reports LBAI's forecasted earnings growth in 2015 as 9.15%, compared to an industry average of 9.6%.
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