Lake Shore Bancorp, Inc. has declared a cash dividend of $0.09 per share on its outstanding common stock, a decision made by the Board of Directors on October 21, 2026. The holding company for Lake Shore Bank, which trades on the NASDAQ Global Market under the ticker LSBK, announced the payout in an 8-K filing dated October 23, 2026.
The dividend is expected to be paid on November 11, 2026. To qualify for this payment, shareholders must be recorded as owners of the stock by November 2, 2026.
Lake Shore Bancorp serves as the holding company for Lake Shore Bank, a New York chartered financial institution headquartered in Dunkirk, New York. The bank operates ten full-service branch locations across Western New York. Four of these branches are located in Chautauqua County, while the remaining six are situated in Erie County.
The institution offers retail and commercial lending and deposit services. Kim C. Liddell serves as the President, CEO, and Director of Lake Shore Bancorp. The company’s investor relations contact is listed at 31 East Fourth Street in Dunkirk.
In its filing, Lake Shore Bancorp included standard safe-harbor language regarding forward-looking statements. The company noted that such statements are based on current expectations, estimates, and projections about its industry and management’s beliefs. These statements involve risks and uncertainties that are difficult to predict and often beyond the company’s control.
The filing listed several specific factors that could impact future performance, including data loss or security breaches, cyber-attacks on the company or its third-party vendors, and general economic conditions. Other cited risks include changes in monetary and fiscal policy, inflation, tariffs, and unanticipated changes in liquidity positions. The company also highlighted potential impacts from climate change, public health issues, geopolitical conflict, and increased unemployment.
Credit-related risks mentioned in the filing include deterioration in the quality of the loan portfolio or the value of collateral securing repayment. The company further noted risks related to the value of investment securities, the cost and ability to attract and retain key employees, and regulatory or legal developments. Tax policy changes and shifts in dividend policy were also identified as variables that could affect the company’s financial results.
Lake Shore Bancorp stated that it does not undertake to publicly update or revise its forward-looking statements if future changes make it clear that projected results will not be realized. The company emphasized that undue reliance should not be placed on these statements, as actual financial performance could differ materially due to the various risks and uncertainties outlined.