Luxemburg Bancshares, Inc. Declares Dividend
Luxemburg, WI, May 24, 2012—Luxemburg Bancshares, Inc., parent company of Bank of Luxemburg, announced the approval of a semi-annual dividend of $.52 per share, payable on June 15, 2012, to shareholders of record as of June 4, 2012. The dividend was increased from the dividend of $0.51 per share paid on June 24, 2011.
President John Slatky noted, “The dividend reflects an improvement in earnings in 2012 and is an example of the solid financial position of Luxemburg Bancshares, Inc. and Bank of Luxemburg. While the Bank continues to contend with the challenging economy and the current real estate market, the Bank is profitable and expects to remain profitable.”
Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Forestville, Dyckesville, Casco and Algoma. The company also operates Raymond James Financial Services, offering financial planning and the sale of alternative investments to its customers in each community. For more information about Luxemburg Bancshares, Inc. contact John Slatky at 1-920-845-2345.