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LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Files An 8-K Other Events

LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Files An 8-K Other EventsItem 8.01.

Other Events.
On May 9, 2017, the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) declared a cash dividend of $0.02 per share payable on June 6, 2017, to shareholders of record of the Company’s voting and non-voting common stock as of May 23, 2017.
About LIVE OAK BANCSHARES, INC. (NASDAQ:LOB)
Live Oak Bancshares, Inc. is the bank holding company for Live Oak Banking Company (the Bank). The Bank is a commercial bank and a national online platform for small business lending. The Company provides certain small businesses across the United States a means to access capital. The Company primarily originates loans partially guaranteed by the United States Small Business Administration (SBA) to small businesses and professionals. It offers commercial and industrial loans, construction and development loans, and owner occupied commercial real estate loans for agriculture, death care management, healthcare, independent pharmacies, registered investment advisors and veterinary industry, among others. The Company also offers commercial land loans for agriculture. It owns Live Oak Grove, LLC, which provides company employees and business visitors an on-site restaurant location, and Government Loan Solutions, Inc., a management and technology consulting company, among others. LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) Recent Trading Information
LIVE OAK BANCSHARES, INC. (NASDAQ:LOB) closed its last trading session down -0.45 at 24.80 with 176,022 shares trading hands.
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