Lakeland Financial Corporation Stock Dividends
LKFN pays dividends quarterly. Last paid amount was $0.480 at Feb 05, 2024. As of today, dividend yield (TTM) is 3.23%.
Dividend Yield Range
AI Analysis of LKFN
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.23% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 4.35% |
| Payout Ratio | 0 |
| Amount Per Share | $0.480 |
| Next Ex-Dividend Date | Apr 24, 2024 |
| Next Payment Date | May 06, 2024 |
LKFN Dividend Payout History
To ensure a understanding of LKFN's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 09, 2024 | Apr 24, 2024 | May 06, 2024 | $0.480 | 0.82% |
| 2 | Jan 24, 2024 | Jan 24, 2024 | Feb 05, 2024 | $0.480 | 0.740% |
| 3 | Oct 10, 2023 | Oct 24, 2023 | Nov 06, 2023 | $0.460 | 0.86% |
| 4 | Jul 11, 2023 | Jul 24, 2023 | Aug 07, 2023 | $0.460 | 0.81% |
| 5 | Apr 11, 2023 | Apr 24, 2023 | May 05, 2023 | $0.460 | 0.97% |
| 6 | Jan 10, 2023 | Jan 24, 2023 | Feb 06, 2023 | $0.460 | 0.643% |
| 7 | Oct 11, 2022 | Oct 24, 2022 | Nov 07, 2022 | $0.400 | 0.492% |
| 8 | Jul 13, 2022 | Jul 22, 2022 | Aug 05, 2022 | $0.400 | 0.533% |
| 9 | Apr 13, 2022 | Apr 22, 2022 | May 05, 2022 | $0.400 | 0.540% |
| 10 | Jan 11, 2022 | Jan 24, 2022 | Feb 07, 2022 | $0.400 | 0.490% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
LKFN Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from LKFN dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LKFN stock here.
Comparing LKFN to Sector and Country
LKFN pays a solid dividend yield of 3.23%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). LKFN’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.
LKFN Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| LexinFintech Holdings Ltd. | 312.992M | $0.0700 | 9.17% | - | |
| Eagle Bancorp | 567.454M | $0.450 | 8.09% | 54.10% | |
| Northwest Bancshares | 1.365B | $0.200 | 7.03% | 58.47% | |
| Veritex Holdings | 1.084B | $0.200 | 4.27% | 34.55% | |
| Westamerica Bancorporation | 1.266B | $0.440 | 3.88% | 21.97% | |
| NBT Bancorp Inc. | 1.663B | $0.320 | 3.55% | 46.98% | |
| Lakeland Financial Corporation | 1.526B | $0.480 | 3.23% | 38.06% | |
| Enterprise Financial Services Corporation | 1.431B | $0.250 | 2.48% | 17.26% | |
| Meta Financial Group | 1.284B | - | 0.307% | 3.07% | |
| PRA Group | 942.72M | $0.333 | 0% | - |
