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Lake Shore Bancorp Inc. announces third-quarter dividend

November 13, 2012

Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank, announced that the company's Board of Directors approved a $0.04 cash dividend on its common stock, payable on Nov. 20, to shareholders of record as of Nov. 6. Based on the Company's closing stock price of $10.22 on Oct. 25, the implied dividend yield for the Company's common stock is currently 2.45 percent.



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