LaPorte Bancorp Inc. (NASDAQ Capital: LPSB) announced that its Board of Directors declared a quarterly cash dividend of $0.04 per common share. The dividend will be paid on or about March 5, 2012, to stockholders of record as of the close of business on Feb. 23, 2012. This represents an annualized dividend yield of 2.0 percent based on the price per share of $8.01 at the close of markets on Feb. 7, 2012, the date on which the board approved the dividend.
Founded in 1871, LaPorte Savings Bank is an Indiana-chartered savings bank that operates eight full-service locations in LaPorte and Porter counties. Investors may obtain additional information at www.laportesavingsbank.com under Investor Relations.
