Looking at the universe of stocks we cover at Dividend Channel, on 8/2/13, Lake Shore Bancorp Inc (LSBK) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 8/20/13. As a percentage of LSBK's recent stock price of $11.70, this dividend works out to approximately 0.60%, so look for shares of Lake Shore Bancorp Inc to trade 0.60% lower — all else being equal — when LSBK shares open for trading on 8/2/13.
Below is a dividend history chart for LSBK, showing historical dividends prior to the most recent $0.07 declared by Lake Shore Bancorp Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LSBK is likely to continue, and whether the current estimated yield of 2.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LSBK shares, versus its 200 day moving average:Looking at the chart above, LSBK's low point in its 52 week range is $8.55 per share, with $14.69 as the 52 week high point — that compares with a last trade of $11.70.
In Wednesday trading, Lake Shore Bancorp Inc shares are currently trading flat on the day.