|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.00 - 26.00|
|52 Week Range||15.35 - 26.24|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||11.92|
|Forward Dividend & Yield||0.80 (3.14%)|
|Ex-Dividend Date||May 06, 2021|
|1y Target Est||N/A|
Ledyard Financial Group (Ticker Symbol: LFGP) announced a $0.01 increase to its quarterly dividend. The dividend of $0.20 is payable May 28, 2021 to shareholders of record as of May 7, 2021. Ledyard’s ability to navigate the organization through the pandemic and the strength in our core businesses is supporting our ability to increase the dividend this quarter to ensure our shareholders benefit from the Company’s growth in earnings. The path forward remains uncertain as we continue to manage the effects to the organization from the pandemic, but we are confident we are well positioned to minimize any possible negative impacts.
Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, is proud to announce record earnings for the first quarter of 2021. Our focus continues to be strengthening our financial position, maintaining our strong liquidity position, and preserving core earnings. Our results demonstrate that our financial condition remains strong and that our core businesses continue to thrive in this prolonged difficult environment. As a community bank we continue to focus on our customers and their financial needs during these highly unusual times. We entered this crisis in a position of strength and remain focused on what we need to do to ensure we are able to support our core constituents. Net income for the quarter ended March 31, 2021, was $1,835,872 or $0.58 per share compared to $1,620,939 or $0.51 per share for the same period in 2020, an increase of $214,933 or 13%. The underlying results for the Company were extremely positive. We are optimistic that the worst of the pandemic is behind us. The Company is well positioned to navigate any difficulties that we may encounter in the future, and we remain focused on supporting our core businesses and executing on our strategic plan.
Ledyard Financial Group (Ticker Symbol: LFGP), the holding company for Ledyard National Bank, is pleased to announce that it has been named as one of the top twenty-five bank boards for women, by Bank Director, an information resource for directors and officers of financial companies.