SOURCE: LSB Corporation

April 29, 2005 13:18 ET

/ CORRECTION - LSB Corporation Dividend Yield 3.29%

NORTH ANDOVER, MA -- (MARKET WIRE) -- April 29, 2005 -- In the news release, "LSB Corporation Dividend Yield 3.29%," issued earlier today by LSB Corporation, we are advised by the company that the first paragraph, third sentence should read: "at the close of business on April 28, 2005," rather than "at the close of business on May 28, 2005." Complete corrected text follows.

LSB Corporation Dividend Yield 3.29%

NORTH ANDOVER, MA -- 04/29/2005 -- LSB Corporation, (NASDAQ: LSBX), today announced the Board of Directors of LSB Corporation declared a dividend to shareholders on April 28, 2005. The Board voted to pay a cash dividend of $0.14 per share on its outstanding shares of common stock payable on May 26, 2005, to shareholders of record at the close of business on May 12, 2005. This represents a 3.29% dividend yield based on the stock price $17.00 at the close of business on April 28, 2005.

LSB Corporation is the parent holding company of its wholly owned subsidiary Lawrence Savings Bank located in North Andover, Massachusetts, an Equal Housing Lender and Member, FDIC/Depositors Insurance Fund.

Contact Information

  • Bank Contact:
    Paul A. Miller
    (978) 725-7555