LNB Bancorp, Inc. ( LNBB ) will begin trading ex-dividend on November 26, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on January 02, 2015. Shareholders who purchased LNBB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 200% increase over the prior quarter. At the current stock price of $15.97, the dividend yield is .75%.
The previous trading day's last sale of LNBB was $15.97, representing a -6.22% decrease from the 52 week high of $17.03 and a 64.81% increase over the 52 week low of $9.69.
LNBB is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). LNBB's current earnings per share, an indicator of a company's profitability, is $.75. Zacks Investment Research reports LNBB's forecasted earnings growth in 2014 as 32.79%, compared to an industry average of 3.8%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.