{"id":515756,"date":"2021-07-21T09:23:02","date_gmt":"2021-07-21T13:23:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\/"},"modified":"2021-07-21T09:23:02","modified_gmt":"2021-07-21T13:23:02","slug":"level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\/","title":{"rendered":"Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">FARMINGTON HILLS, Mich., July  21, 2021  (GLOBE NEWSWIRE) &#8212; Level One Bancorp, Inc. (\u201cLevel One\u201d) (Nasdaq: LEVL) announced that the Board of Directors of Level One declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Preferred Stock, Series B, represented by depositary shares (Nasdaq: LEVLP) each representing a 1\/100th interest in a share of the Series B preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend is payable on August 15, 2021, to shareholders of record at the close of business on July 31, 2021.<\/p>\n<p>Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.57 billion as of March 31, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xEMk-ts1eFluMO1ai-owGRjIWAzh4W9vWADhdWvu-ggUzYD36cST2aim4X0xQs4d_IFGgV8Q3O5Rg49oX7d7-0B7CYu5G05zsHjuDNj9-C4=\" rel=\"nofollow noopener\" target=\"_blank\">www.levelonebank.com<\/a>.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDI4OCM0MzA3ODY3IzIwOTkwNDg=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f1ca3314-fb61-4ba2-a118-953dc0023f93\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>For further information:\r\n\r\nMedia Contact:\r\nNicole Ransom\r\n(248) 538-2183\r\n\r\nInvestor Relations Contact:\r\nPeter Root\r\n(248) 538-2186<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FARMINGTON HILLS, Mich., July 21, 2021 (GLOBE NEWSWIRE) &#8212; Level One Bancorp, Inc. (\u201cLevel One\u201d) (Nasdaq: LEVL) announced that the Board of Directors of Level One declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Preferred Stock, Series B, represented by depositary shares (Nasdaq: LEVLP) each representing a 1\/100th interest in a share of the Series B preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend is payable on August 15, 2021, to shareholders of record at the close of business on July 31, 2021. Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.57 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515756","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FARMINGTON HILLS, Mich., July 21, 2021 (GLOBE NEWSWIRE) &#8212; Level One Bancorp, Inc. (\u201cLevel One\u201d) (Nasdaq: LEVL) announced that the Board of Directors of Level One declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Preferred Stock, Series B, represented by depositary shares (Nasdaq: LEVLP) each representing a 1\/100th interest in a share of the Series B preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend is payable on August 15, 2021, to shareholders of record at the close of business on July 31, 2021. Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.57 &hellip; Continue reading &quot;Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-21T13:23:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDI4OCM0MzA3ODY3IzIwOTkwNDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend\",\"datePublished\":\"2021-07-21T13:23:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/\"},\"wordCount\":142,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4NDI4OCM0MzA3ODY3IzIwOTkwNDg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/level-one-bancorp-announces-quarterly-preferred-stock-cash-dividend-2\\\/\",\"name\":\"Level One Bancorp Announces Quarterly Preferred Stock Cash Dividend - 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(\u201cLevel One\u201d) (Nasdaq: LEVL) announced that the Board of Directors of Level One declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Preferred Stock, Series B, represented by depositary shares (Nasdaq: LEVLP) each representing a 1\/100th interest in a share of the Series B preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend is payable on August 15, 2021, to shareholders of record at the close of business on July 31, 2021. 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