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Lakeland Financial (Lakeland Financial) Dividend Yield % : 3.19% (As of Apr. 29, 2024)


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What is Lakeland Financial Dividend Yield %?

As of today (2024-04-29), the Trailing Annual Dividend Yield of Lakeland Financial is 3.19%.

The historical rank and industry rank for Lakeland Financial's Dividend Yield % or its related term are showing as below:

LKFN' s Dividend Yield % Range Over the Past 10 Years
Min: 1.47   Med: 2.06   Max: 3.8
Current: 3.19

During the past 13 years, the highest Dividend Yield of Lakeland Financial was 3.80%. The lowest was 1.47%. And the median was 2.06%.

LKFN's Dividend Yield % is ranked worse than
65.56% of 1208 companies
in the Banks industry
Industry Median: 3.985 vs LKFN: 3.19

Lakeland Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.47.

During the past 13 years, the highest Dividend Payout Ratio of Lakeland Financial was 0.47. The lowest was 0.31. And the median was 0.36.

As of today (2024-04-29), the Forward Dividend Yield % of Lakeland Financial is 3.25%.

Lakeland Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.46.

During the past 12 months, Lakeland Financial's average Dividends Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lakeland Financial was 46.00% per year. The lowest was -6.90% per year. And the median was 12.50% per year.

The growth rate is calculated with least square regression.

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


Lakeland Financial Dividend Yield % Historical Data

The historical data trend for Lakeland Financial's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Lakeland Financial Dividend Yield % Chart

Lakeland Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 2.24 1.70 2.16 2.83

Lakeland Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 3.54 3.75 2.83 -

Competitive Comparison of Lakeland Financial's Dividend Yield %

For the Banks - Regional subindustry, Lakeland Financial's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Lakeland Financial's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lakeland Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lakeland Financial's Dividend Yield % falls into.



Lakeland Financial Dividend Yield % Calculation

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

Lakeland Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4802024-04-242024-04-252024-05-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.4802024-01-242024-01-252024-02-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-10-242023-10-252023-11-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-07-242023-07-252023-08-07Cash 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.

Lakeland Financial's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.88/59.41
=3.16 %

Current Share Price is $59.41.
Lakeland Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.88.

Lakeland Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.92/59.41
=3.23 %

Current Share Price is $59.41.
Lakeland Financial's Dividends per Share for the forward twelve months is calculated as $0.48 * 4 = $1.92.

* 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.


Lakeland Financial  (NAS:LKFN) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lakeland Financial Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lakeland Financial's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Financial (Lakeland Financial) Business Description

Traded in Other Exchanges
N/A
Address
202 East Center Street, P.O.Box 1387, Warsaw, IN, USA, 46581-1387
Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory and investment management services. Lakeland offers a broad array of products and services throughout its Northern and Central Indiana markets. The company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and healthcare.
Executives
Bartels Robert E Jr director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Jonathan P Steiner officer: Senior Vice President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Emily E Pichon director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brian J Smith director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Donald Robinson-gay officer: Senior Vice President PO BOX 1387, WARSAW IN 46581
Kyra E Clark officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Steven D Ross director LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Brok A Lahrman officer: SVP, Chief Accounting Officer P.O. BOX 1387, WARSAW IN 46581
James Rickard Donovan officer: SVP, General Counsel P.O. BOX 1387, WARSAW IN 46581-1387
Stephanie R Leniski officer: Senior Vice President P.O. BOX 1387, WARSAW IN 46581-1387
Blake Augsburger director P.O. BOX 1387, WARSAW IN 46581
Michael L Kubacki director, officer: President LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Lisa M O'neill officer: EVP & CFO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387
Michael E Gavin officer: EVP & CCO LAKELAND FINANCIAL CORPORATION, P.O. BOX 1387, WARSAW IN 46581-1387