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Lake City Bank Parent Announces 4% Increase in Quarterly Dividend

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WARSAW, Ind., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select...

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AI Summary

Lakeland Financial Corporation (LKFN) declared a quarterly dividend of $0.52, a 4% increase year-over-year, signaling strong capital health. This confidence, stemming from disciplined management, could positively influence investor sentiment and stock performance ahead of the payment date.

Sentiment Rationale

Historical trends show that dividend increases typically lead to stock price appreciation. For instance, LKFN’s previous dividend hikes were followed by positive price movements, reflecting investor confidence.

Trading Thesis

Buy LKFN for potential price appreciation and dividend income in the next quarter.

Market-Moving

  • The 4% dividend increase may enhance investor interest in LKFN.
  • Upcoming dividend payment could attract dividend-focused investors.
  • Strong management statements could boost confidence in stock stability.
  • Increased dividends typically indicate positive cash flow and profitability.

Key Facts

  • LKFN announces a quarterly dividend of $0.52 per share.
  • The dividend reflects a 4% increase from last year.
  • Strong capital foundation and disciplined management are highlighted.
  • Lake City Bank operates 55 branches in Indiana.
  • Future performance statements are subject to uncertainty.

Companies Mentioned

  • Lakeland Financial Corporation (LKFN): Announced a dividend increase, reflecting strong financial positioning.

Others

This news falls under dividend announcements, which are critical indicators of a company's financial health. A consistent track record of increasing dividends often enhances investor confidence and attracts new capital.

Lake City Bank Parent Company Increases Quarterly Dividend by 4%

WARSAW, Ind., January 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (NASDAQ: LKFN), the parent company of Lake City Bank, has announced a notable increase in its quarterly dividend. The Board of Directors has approved a cash dividend of $0.52 per share for the first quarter of 2026, an increase of 4% from the previous dividend rate of $0.50 per share paid in 2025. This dividend will be payable on February 5, 2026, to shareholders on record as of January 25, 2026.

Strength of Financial Position

David M. Findlay, Chairman and Chief Executive Officer of Lakeland Financial Corporation, commented, “Our ability to deliver another healthy increase in the common stock dividend reflects the strength of our capital foundation and our disciplined balance sheet management strategy over a very long period of time.” This statement underscores the company's commitment to providing value to its shareholders while maintaining a solid financial base.

About Lake City Bank

Founded in 1872, Lake City Bank is based in Warsaw, Indiana, and is part of Lakeland Financial Corporation (NASDAQ: LKFN). With assets totaling approximately $6.9 billion, the bank serves Central and Northern Indiana communities through its network of 55 branch offices and an advanced digital banking platform. Lake City Bank focuses on community banking, fostering long-term customer relationships while providing technology-forward solutions tailored to both retail and commercial clients.

Forward-Looking Statements

This announcement may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, which address the company's financial condition, operational results, and future objectives. Although these statements are based on management's current beliefs and best estimates, various factors can cause actual results to differ significantly. Such factors include economic conditions, market trends in Indiana, interest rates, and changes in client credit behaviors.

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