LAFAYETTE, Ind., May 15, 2014 /PRNewswire/ -- LSB Financial Corp., LSBI, (the "Company"), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.09 per share to shareholders of record as of the close of business on May 27, 2014 with a payment date of June 19, 2014.
LSB president and CEO, Randolph F. Williams, stated, "We are pleased to announce the payment of this cash dividend made possible by our positive first quarter performance and continued improvement in asset quality. We continue to maintain a strong capital position."
The closing price of LSB stock on May 14, 2014 was $28.8075 per share as reported by the Nasdaq Global Market.
SOURCE LSB Financial Corp.
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