Lakeland Financial Dividends and Buybacks
Dividend criteria checks 5/6
Lakeland Financial is a dividend paying company with a current yield of 2.61% that is well covered by earnings.
Key information
2.6%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.920 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48
Apr 14
Lakeland Financial Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next
Jan 28Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Jul 15Here's Why We Think Lakeland Financial (NASDAQ:LKFN) Is Well Worth Watching
Jun 09Lakeland Financial (NASDAQ:LKFN) Is Increasing Its Dividend To $0.46
Apr 15Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?
Mar 09Lakeland Financial's (NASDAQ:LKFN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 14Is Now The Time To Put Lakeland Financial (NASDAQ:LKFN) On Your Watchlist?
Dec 06Lakeland Financial goes ex-dividend tomorrow
Jul 21I Built A List Of Growing Companies And Lakeland Financial (NASDAQ:LKFN) Made The Cut
Jun 10Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Apr 16Lakeland Financial: Strong Topline Growth Likely, But Market Price Is High
Feb 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LKFN's dividends per share have been stable in the past 10 years.
Growing Dividend: LKFN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lakeland Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LKFN) | 2.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (LKFN) (up to 3 years) | 2.7% |
Notable Dividend: LKFN's dividend (2.61%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: LKFN's dividend (2.61%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), LKFN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LKFN's dividends in 3 years are forecast to be covered by earnings (54.1% payout ratio).