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News
7 October, 2021
Community bank declares dividend
Lowood & Fernvale Bendigo Community Bank shareholders are set for Christmas boost, with the bank declaring its dividend for the financial year.
![Lowood and Fernvale Bendigo Community Bank shareholders are set to receive a dividend payout in November.](https://somerset-4634.kxcdn.com/img/containers/assets/news/share-dividend.jpeg/0a3735d82e90f47efe0066b381db9cf2.jpeg)
Lowood and Fernvale Bendigo Community Bank shareholders are set to receive a dividend payout in November.
Aaron Heck, the newly appointed Chairman of Somerset Region Community Enterprises Ltd, the company that owns and operates the Lowood & Fernvale Bendigo Community bank, said he was pleased with the dividend payment, as it reflected the bank’s continued progress and growth.
Shareholders will receive a franked dividend of 4.8c in the $ in early November.
The bank's total holdings are now in excess of $129 million.
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