Luxemburg Bancshares Inc., parent company of Bank of Luxemburg, announced the approval of a semi-annual dividend of $0.65 per share, payable on Dec. 14, 2018, to shareholders of record as of Dec. 1, 2018. The current dividend is an increase of 3 cents compared to the December 2017 dividend of $0.62 per share paid on Dec. 15, 2017.
“Increasing dividends communicate financial well-being and shareholder value for Luxemburg Bancshares Inc. as well as Bank of Luxemburg,” said Bank of Luxemburg President Tim Treml. “2018 was another strong year for the bank. Our financial strength allows us to continue to provide a positive impact in the communities we serve.”
In business since 1903, Luxemburg Bancshares Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information visit www.bankofluxemburg.com.