Dividend Flows Summary: Forecasted dividends of $0.10 are lurking just around the corner for Lakeland Bancorp, Inc. (NASDAQ:LBAI) shareholder?

Dividend Flows Summary: Forecasted dividends of $0.10 are lurking just around the corner for Lakeland Bancorp, Inc. (NASDAQ:LBAI) shareholder?

Lakeland Bancorp, Inc. (NASDAQ:LBAI) is expected to pay $0.10 on Nov 15, 2016. The indicated annual dividend is $0.38. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Lakeland Bancorp, Inc.’s current price of $14.10, the dividend is 0.67%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 26, 2016. The stock closed at $14.1 during the last session. It is down 38.92% since March 31, 2016 and is uptrending. It has outperformed by 36.39% the S&P500.

Lakeland Bancorp, Inc. is the bank holding firm for Lakeland Bank . The company has a market cap of $624.42 million. Lakeland operates under a state bank charter and provides full banking services. It has a 16.21 P/E ratio. Lakeland generates commercial, mortgage and consumer loans and receives deposits from clients located in Northern and Central New Jersey.

Insitutional Activity: The institutional sentiment decreased to 1.37 in Q2 2016. Its down 1.05, from 2.42 in 2016Q1. The ratio fall, as 8 funds sold all Lakeland Bancorp, Inc. shares owned while 27 reduced positions. 9 funds bought stakes while 39 increased positions. They now own 18.15 million shares or 0.79% more from 18.00 million shares in 2016Q1.
Invesco Ltd last reported 0% of its portfolio in the stock. Basswood Cap Mgmt Limited Co holds 0.26% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 397,571 shares. Brandywine Global Inv Limited Liability holds 14,637 shares or 0% of its portfolio. Price T Rowe Associate Inc Md has 18,137 shares for 0% of their US portfolio. Hallmark Mngmt has invested 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Highlander Cap Limited Liability last reported 31,302 shares in the company. Maltese Capital Mngmt Ltd Limited Liability Company accumulated 496,300 shares or 0.71% of the stock. Lsv Asset accumulated 0.01% or 571,993 shares. Verus has 13,963 shares for 0.07% of their US portfolio. Wedge Capital Mgmt L Limited Partnership Nc holds 0% or 20,357 shares in its portfolio. Manufacturers Life Ins Co The has 26,468 shares for 0% of their US portfolio. Vanguard Gp Inc holds 0% or 1.19 million shares in its portfolio. Blackrock Incorporated has invested 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Cornercap Inv Counsel Inc has invested 0.1% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Northern holds 0% or 1.11 million shares in its portfolio.

Insider Transactions: Since May 25, 2016, the stock had 1 insider purchase, and 3 insider sales for $149,865 net activity. Another trade for 2,000 shares valued at $23,980 was made by TILTON STEPHEN R SR on Wednesday, August 3. DEUTSCH EDWARD B had sold 5,000 shares worth $57,500. $51,345 worth of Lakeland Bancorp, Inc. (NASDAQ:LBAI) was sold by Matteson Timothy J on Wednesday, May 25.

Lakeland Bancorp, Inc. (NASDAQ:LBAI) Ratings Coverage

Out of 2 analysts covering Lakeland Bancorp (NASDAQ:LBAI), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Lakeland Bancorp has been the topic of 3 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The stock of Lakeland Bancorp, Inc. (NASDAQ:LBAI) earned “Mkt Perform” rating by Raymond James on Thursday, October 27.

More recent Lakeland Bancorp, Inc. (NASDAQ:LBAI) news were published by: Globenewswire.com which released: “Lakeland Bancorp Announces Pricing of $75 Million of 5.125% Subordinated Notes” on September 30, 2016. Also Globenewswire.com published the news titled: “Lakeland Bancorp Announces Closing of Acquisition of Pascack Bancorp” on January 07, 2016. Globenewswire.com‘s news article titled: “Lakeland Bancorp to Acquire Pascack Bancorp” with publication date: August 04, 2015 was also an interesting one.

LBAI Company Profile

Lakeland Bancorp, Inc., incorporated on June 11, 1905, is the bank holding firm for Lakeland Bank (Lakeland). Lakeland operates under a state bank charter and provides full banking services. Lakeland generates commercial, mortgage and consumer loans and receives deposits from clients located in Northern and Central New Jersey. Lakeland also provides non-deposit products, such as securities brokerage services, including mutual funds and variable annuities. Through Lakeland, the Company offers a range of lending, depository and related financial services to individuals and small to medium sized businesses located in northern and central New Jersey. Lakeland’s equipment financing division provides a solution to small and medium sized companies, who prefer to lease equipment over other financial alternatives. Lakeland’s asset based loan department provides commercial borrowers with another lending alternative.

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