GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LCNB Corp (NAS:LCNB) » Definitions » 3-Year Dividend Growth Rate

LCNB (LCNB) 3-Year Dividend Growth Rate : 5.20% (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is LCNB 3-Year Dividend Growth Rate?

LCNB's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

The historical rank and industry rank for LCNB's 3-Year Dividend Growth Rate or its related term are showing as below:

LCNB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -3.9   Med: 4.35   Max: 21
Current: 5.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LCNB was 21.00% per year. The lowest was -3.90% per year. And the median was 4.35% per year.

LCNB's 3-Year Dividend Growth Rate is ranked worse than
59.61% of 775 companies
in the Banks industry
Industry Median: 7.4 vs LCNB: 5.20

During the past 12 months, LCNB's average Dividends Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

LCNB's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.65. As of today, LCNB's Dividend Yield % is 5.64%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of LCNB's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, LCNB's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LCNB's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LCNB's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where LCNB's 3-Year Dividend Growth Rate falls into.



LCNB 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


LCNB  (NAS:LCNB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

LCNB's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.22/ 0.34
=0.65

During the past 13 years, the highest Dividend Payout Ratio of LCNB was 0.55. The lowest was 0.42. And the median was 0.49.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

LCNB Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2202024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2102023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

LCNB's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.86/15.24
=5.64 %

Current Share Price is $15.24.
LCNB's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.86.

During the past 13 years, the highest Dividend Yield of LCNB was 6.48%. The lowest was 2.63%. And the median was 4.00%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LCNB 3-Year Dividend Growth Rate Related Terms>


LCNB (LCNB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 North Broadway, P.O. Box 59, Lebanon, OH, USA, 45036
LCNB Corp operates within the financial sector in the United States. As the holding company of the National Bank, it conducts the business of providing commercial and personal banking services. Its suite of banking products includes commercial and industrial loans, consumer loans, safe deposit boxes, night depositories, cashier's checks, utility bill collections, and notary public service. Besides, it provides the avenue of United States Treasury notes, the United States agency notes, certificates of deposit and equity securities.
Executives
Takeitha W Lawson director 7313 ENGLISH GARDEN LANE, ANDERSON TOWNSHIP OH 45230
Anne E Krehbiel director 7709 CHUMANI LANE, CINCINNATI OH 45243
Craig Millis Johnson director 3436 WHITFIELD AVE, CINCINNATI OH 45220
Michael Robert Miller officer: Exec. Vice President 8368 SQUIRRELL RIDGE DR, CINCINNATI OH 45243
Eric J Meilstrup officer: EVP/Cashier 225 DICKENS COURT, LEBANON OH 45036
Mulligan Lawrence P Jr. officer: Executive Vice President 218 S MAIN ST, MIDDLETOWN OH 45044
Steve P Foster director, officer: Chief Executive Officer 1017 COUNTRY CREEK DR, LEBONON OH 45036
Mary E Bradford director 4962 THUNDER RD, CLEVES OH 45002
William H Kaufman director 1017 COUNTRY CREEK DR, LEBONON OH 45036
William G Huddle director 9394 DIN EIDYN DR, DUBLIN OH 43017
Stephen P Wilson director, officer: President & CEO
John F Smiley officer: Exec Vice President 7119 COVENTRY WOODS DRIVE, DUBLIN OH 43017
Michael J Johrendt director 434 TARPON BLVD, FRIPP ISLAND SC 29920
Bradley Austin Ruppert officer: Executive Vice President 180 LAKEVIEW DR, FRANKLIN OH 45005
Leroy F Mckay officer: Executive Vice President 257 MECHANIC STREET, LEBANON OH 45036

LCNB (LCNB) Headlines

From GuruFocus

LCNB Corp. Announces First Quarter Dividend

By Business Wire Business Wire 01-23-2023

LCNB Corp. Announces Third Quarter Dividend

By Business Wire Business Wire 08-17-2020

LCNB Corp. Announces Second Quarter Dividend

By Business Wire Business Wire 05-16-2022

LCNB Corp. Announces Second Quarter Dividend

By Business Wire Business Wire 05-17-2021

LCNB Corp. Announces Second Quarter Dividend

By Business Wire Business Wire 05-19-2020

LCNB Corp. Announces Fourth Quarter Dividend

By Business Wire Business Wire 11-16-2021