Live Oak Bancshares, Inc. Declares Cash Dividend, Payable on September 19, 2023
August 22, 2023 at 09:14 pm
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On August 22, 2023, the Board of Directors of Live Oak Bancshares, Inc. declared a cash dividend of $0.03 per share payable on September 19, 2023 to shareholders of record of the Company?s voting common stock as of September 5, 2023.
Live Oak Bancshares, Inc. is a bank holding company. The Company conducts business operations through its commercial bank subsidiary, Live Oak Banking Company (the Bank). The Bank specializes in providing lending and deposit-related services to small businesses nationwide. Its segments include Banking and Fintech. Banking segment specializes in providing financing services to small businesses nationwide in industries and deposit-related services to small businesses, consumers, and other customers nationwide. The Fintech segment is involved in making strategic investments in emerging financial technology companies. The Fintech segment is comprised of the Company's direct wholly owned subsidiaries, Live Oak Ventures, Inc. and Canapi Advisors, LLC, and the investments held by those entities, as well as the Bank's investment in Apiture, Inc. The Bankâs loan portfolio includes commercial and industrial loans, construction and development loans, commercial real estate, and commercial land.
LIVE OAK BANCSHARES, INC. 
