SmarterDividends
LSBK

Lake Shore Bancorp, Inc.

LSBK

Financial Services · Banks - Regional · Stock · quarterly payer

$18.23

Overvalued · -58% Add to Portfolio

Forward Yield

1.97%

Annual Dividend

$0.36

Payout Ratio

31%

5-Yr Growth

2.9%

Ex-Date

Aug 3, 2026

Frequency

Quarterly

Key facts about LSBK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Lake Shore Bancorp, Inc. (LSBK) has a forward dividend yield of 1.97%, based on an annual dividend of $0.36 per share and a share price of $18.23.
  • As of Oct 18, 2026, LSBK's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • LSBK last cut its regular dividend in 2025.
  • LSBK's most recent ex-dividend date was Aug 3, 2026, for a dividend of $0.0900 per share.
  • As of Oct 18, 2026, LSBK pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
  • LSBK's dividend has grown at an average rate of 2.9% a year over the past five years.
  • As of Oct 18, 2026, LSBK's 1.97% yield is 49% below its five-year average yield of 3.84%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for LSBK is $7.59 per share, 58% below the $18.23 share price, so LSBK screens as overvalued.
  • Lake Shore Bancorp, Inc. (LSBK) pays its dividend quarterly, 4 times a year.
  • Lake Shore Bancorp, Inc. (LSBK) has raised its regular dividend 12 times and cut it 2 times across the 74 payments on record since 2006. Its most recent change was a 32.3% cut to $0.0900 per share, going ex-dividend on Aug 4, 2025.
Cite this page

SmarterDividends, "LSBK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/LSBK

Summary

As of Oct 18, 2026, Lake Shore Bancorp, Inc. (LSBK) yields 1.97% ($0.36 a year per share) and has a dividend safety grade of C (63/100).

Is LSBK a good dividend stock?

Yes, with caveats

Lake Shore Bancorp, Inc. (LSBK) pays a quarterly dividend yielding 1.97% ($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 (31%)
  • 63% total price return over 5 years

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
1.97%
Payout Ratio
31%
Annual Dividend
$0.36
5-Yr Avg Growth
2.9%
Ex-Dividend Date
Aug 3, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.29
Market Cap
$143.2M
P/E Ratio
15.9
5-Yr Total Return
63%
52-Week Range
$12.53 – $19.09
Dividend Safety
C · 63/100
Ever Cut?
Yes (2025)

LSBK dividend raises and cuts

Lake Shore Bancorp, Inc. (LSBK) has raised its regular dividend 12 times and cut it 2 times across the 74 payments on record since 2006. Its most recent change was a 32.3% cut to $0.0900 per share, going ex-dividend on Aug 4, 2025.

Ex-dateChangeOld → newMove
Aug 4, 2025Cut$0.133 → $0.0900−32.3%
Aug 1, 2022Raise$0.118 → $0.133+12.5%
Feb 23, 2022Raise$0.103 → $0.118+14.3%
Aug 5, 2021Raise$0.0960 → $0.103+7.7%
Nov 4, 2020Raise$0.0886 → $0.0960+8.3%
Feb 20, 2019Raise$0.0739 → $0.0886+20.0%
Feb 26, 2018Raise$0.0591 → $0.0739+25.0%
Feb 21, 2017Raise$0.0517 → $0.0591+14.3%
Mar 7, 2013Raise$0.0295 → $0.0517+75.0%
Nov 2, 2012Cut$0.0517 → $0.0295−42.9%
Feb 3, 2011Raise$0.0443 → $0.0517+16.7%
Feb 4, 2010Raise$0.0369 → $0.0443+20.0%
Show all 14 changes since 2007
Ex-dateChangeOld → newMove
Apr 30, 2008Raise$0.0295 → $0.0369+25.0%
Oct 31, 2007Raise$0.0222 → $0.0295+33.3%
Every LSBK payment →Download every raise and cut (CSV)
LSBK ex-dividend date & scheduleNext ex-date Aug 3, 2026 · full ex-dividend historyView →LSBK dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is LSBK a good dividend stock?

Yes, with caveats. Lake Shore Bancorp, Inc. (LSBK) pays a quarterly dividend yielding 1.97% ($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.

Is LSBK undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LSBK's fair value is about $7.59 versus a $18.23 share price — so it looks overvalued (-58% vs. fair value).

Is LSBK's dividend safe?

LSBK has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is LSBK's fair value?

Our blended fair-value estimate for LSBK is about $7.59 per share, about 58% below the current $18.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LSBK a buy, hold, or sell?

We don't issue formal ratings, but on the data LSBK screens as "yes, with caveats" and overvalued. Lake Shore Bancorp, Inc. (LSBK) pays a quarterly dividend yielding 1.97% ($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. This is research for your own analysis, not investment advice.

Will LSBK cut its dividend?

LSBK earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LSBK pay a dividend?

Yes. Lake Shore Bancorp, Inc. pays a quarterly dividend of about $0.36 per share annually, a forward yield of roughly 1.97%.

What is LSBK's dividend yield?

As of Oct 18, 2026, LSBK's forward dividend yield is 1.97%, based on a $0.36 annual dividend and a $18.23 share price.

What is LSBK's dividend per share?

As of Oct 18, 2026, LSBK pays $0.36 per share per year, distributed on a quarterly basis.

What is LSBK's dividend payout ratio?

As of Oct 18, 2026, LSBK's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has LSBK grown its dividend?

LSBK does not currently have a long dividend-growth streak on record.

When is the next LSBK ex-dividend date?

As of Oct 18, 2026, LSBK's next ex-dividend date hasn't been announced. The most recent was Aug 3, 2026, for $0.0900 per share.

Income Calculator

At $0.36 / yr per share

Per payment (quarterly)$9.00
Annual$36.00
Monthly avg$3.00

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