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LCNB (LCNB) Dividend Payout Ratio : 0.65 (As of Sep. 2024)


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What is LCNB Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. LCNB's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.65.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of LCNB Corp is 0.75, which seems too high.

The historical rank and industry rank for LCNB's Dividend Payout Ratio or its related term are showing as below:

LCNB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.49   Max: 0.75
Current: 0.75


During the past 13 years, the highest Dividend Payout Ratio of LCNB was 0.75. The lowest was 0.42. And the median was 0.49.

LCNB's Dividend Payout Ratio is ranked worse than
89.28% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs LCNB: 0.75

As of today (2024-12-14), the Dividend Yield % of LCNB is 5.16%.

During the past 13 years, the highest Trailing Annual Dividend Yield of LCNB was 6.71%. The lowest was 2.63%. And the median was 4.08%.

LCNB's Dividends per Share for the months ended in Sep. 2024 was $0.22.

During the past 12 months, LCNB's average Dividends Per Share Growth Rate was 4.80% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


LCNB Dividend Payout Ratio Historical Data

The historical data trend for LCNB's Dividend Payout Ratio 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.

LCNB Dividend Payout Ratio Chart

LCNB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.47 0.46 0.42 0.55

LCNB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio 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 0.53 0.65 1.10 0.76 0.65

Competitive Comparison of LCNB's Dividend Payout Ratio

For the Banks - Regional subindustry, LCNB's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LCNB's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where LCNB's Dividend Payout Ratio falls into.



LCNB Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.85/ 1.56
=0.54

LCNB's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.22/ 0.34
=0.65

* 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 (NAS:LCNB) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


LCNB Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of LCNB's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


LCNB Business Description

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
Eric J Meilstrup officer: EVP/Cashier 225 DICKENS COURT, LEBANON OH 45036
Anne E Krehbiel director 7709 CHUMANI LANE, CINCINNATI OH 45243
Michael Robert Miller officer: Exec. Vice President 8368 SQUIRRELL RIDGE DR, CINCINNATI OH 45243
Mulligan Lawrence P Jr. officer: Executive Vice President 218 S MAIN ST, MIDDLETOWN OH 45044
Craig Millis Johnson director 3436 WHITFIELD AVE, CINCINNATI OH 45220
William H Kaufman director 1017 COUNTRY CREEK DR, LEBONON OH 45036
Takeitha W Lawson director 7313 ENGLISH GARDEN LANE, ANDERSON TOWNSHIP OH 45230
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 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