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Lake City Bank Parent Increases Quarterly Dividend 12 Percent

 

April 10 - The board of directors of Lakeland Financial Corp. (Nasdaq:LKFN), parent company of Lake City Bank in Warsaw, Ind., has approved a quarterly cash dividend for the first quarter of 2013 of 19 cents per share, payable on May 6, 2013, to shareholders of record as of April 25, 2013. The quarterly dividend represents a 12 percent increase over the quarterly dividends paid in 2012.

Lakeland Financial Corp. is a $2.9 billion bank holding company headquartered in Warsaw, Ind. Lake City Bank serves Indiana with 45 branches located in the following Indiana counties: Kosciusko, Elkhart, Allen, St. Joseph, DeKalb, Fulton, Hamilton, Huntington, LaGrange, Marshall, Noble, Pulaski and Whitley. Lakeland Financial Corp. may be accessed on the home page of its subsidiary, Lake City Bank, at www.lakecitybank.com. The company's common stock is traded on the Nasdaq Global Select Market under "LKFN."
 


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