Lakeland Bancorp, Inc. ( LBAI ) will begin trading ex-dividend on May 04, 2016. A cash dividend payment of $0.095 per share is scheduled to be paid on May 16, 2016. Shareholders who purchased LBAI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.76% increase over the prior quarter. At the current stock price of $11.25, the dividend yield is 3.38%.
The previous trading day's last sale of LBAI was $11.25, representing a -10% decrease from the 52 week high of $12.50 and a 15.74% increase over the 52 week low of $9.72.
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 $.83. Zacks Investment Research reports LBAI's forecasted earnings growth in 2016 as 13.64%, compared to an industry average of 7.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.