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Lake Shore Bancorp announces fourth-quarter dividend

March 27, 2013
The OBSERVER

Lake Shore Bancorp, Inc. , the holding company for Lake Shore Savings Bank, announced that the company's board of directors approved a $0.07 per share cash dividend on its common stock, payable on March 29 to shareholders of record as of March 11. Based on the company's closing stock price of $10.71 on Feb. 26 the implied dividend yield for the company's common stock is currently 2.61 percent.

 
 

 

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