Lake Shore Bancorp, Inc.
LSBKFinancial Services · Stock · quarterly payer
Forward Yield
2.10%
Annual Dividend
$0.36
Payout Ratio
25%
5-Yr Growth
2.9%
Ex-Date
May 4, 2026
Frequency
Quarterly
Summary
As of July 2026, Lake Shore Bancorp, Inc. (LSBK) yields 2.10% ($0.36 per share annually), with a blended fair-value estimate of $14.23 — -17% downside, so it screens as overvalued. Dividend safety grade: C (61/100).
Is LSBK a good dividend stock?
Yes, with caveatsLake Shore Bancorp, Inc. (LSBK) pays a quarterly dividend yielding 2.10% ($0.36/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (25%)
- 58% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 2.10%
- Payout Ratio
- 25%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- 2.9%
- Ex-Dividend Date
- May 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.28
- Market Cap
- $134.4M
- P/E Ratio
- 15.8
- 5-Yr Total Return
- 58%
- 52-Week Range
- $11.50 – $17.96
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
LSBK Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+120%
5 Years
+58%
52-Week Range
$11.50 – $17.96
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LSBK worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Lake Shore Bancorp, Inc. is $14.23 per share, versus a market price of $17.16. That implies 17% of downside.
Fair Value
$14.23
Current Price
$17.16
Downside
-17%
Margin of Safety
-21%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 0.3% stage-1 growth, 2.5% terminal growth, $1.09 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LSBK Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 4, 2026 | — | $0.0900 | regular |
| Feb 2, 2026 | — | $0.0900 | regular |
| Nov 3, 2025 | — | $0.0900 | regular |
| Aug 4, 2025 | — | $0.0900 | regular |
| Feb 10, 2025 | — | $0.1329 | regular |
| Nov 4, 2024 | — | $0.1329 | regular |
| Aug 12, 2024 | — | $0.1329 | regular |
| May 3, 2024 | — | $0.1329 | regular |
| Nov 3, 2022 | — | $0.1329 | regular |
| Aug 1, 2022 | — | $0.1329 | regular |
| May 6, 2022 | — | $0.1182 | regular |
| Feb 23, 2022 | — | $0.1182 | regular |
| Nov 8, 2021 | — | $0.1034 | regular |
| Aug 5, 2021 | — | $0.1034 | regular |
Income Calculator
At $0.36 / yr per share
