Lakeland Bancorp (Lakeland Bancorp) Dividend Payout Ratio

: 0.48 (As of Dec. 2023)

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Lakeland Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.48.

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

LBAI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.36 Max: 0.45
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Lakeland Bancorp was 0.45. The lowest was 0.28. And the median was 0.36.

LBAI's Dividend Payout Ratio is ranked worse than
66.91% of 1088 companies
in the Banks industry
Industry Median: 0.335 vs LBAI: 0.45

As of today (2024-04-23), the Dividend Yield % of Lakeland Bancorp is 4.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lakeland Bancorp was 5.20%. The lowest was 1.81%. And the median was 2.82%.

Lakeland Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.15.

During the past 12 months, Lakeland Bancorp's average Dividends Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lakeland Bancorp was 14.40% per year. The lowest was -18.10% per year. And the median was 6.25% per year.

The growth rate is calculated with least square regression.

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

Lakeland Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Lakeland Bancorp'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.

Lakeland Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.44

0.28

0.33

0.45

Lakeland Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.38	0.42	0.42	0.48	0.48

Competitive Comparison

For the Banks - Regional subindustry, Lakeland Bancorp'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.

Lakeland Bancorp Dividend Payout Ratio Distribution

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

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

Lakeland Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lakeland Bancorp'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 )
	=	0.58	/	1.3
	=	0.45

Lakeland Bancorp'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 )
	=	0.145	/	0.301
	=	0.48

Lakeland Bancorp (NAS:LBAI) Dividend Payout Ratio Explanation

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.

Lakeland Bancorp Dividend Payout Ratio Related Terms

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

Lakeland Bancorp (Lakeland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeland Bancorp Inc (NAS:LBAI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438

Website

https://www.lakelandbank.com

Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.

Executives

Paul Ho-sing-loy	officer: EVP Chief Information Officer	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Mary Ann Deacon	director	LAKELAND BANK, 250 OAK RIDGE RD, OAK RIDGE NJ 07438
Brian Gragnolati	director	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Hanson James E. Ii	director	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Robert F Mangano	director	C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
John F Rath	officer: EVP/Chief Loan Officer	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
James M. Nigro	officer: EVP Chief Risk Officer	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Timothy J Matteson	officer: EVP, CAO & General Counsel	1000 MACARTHUR BLVD., MAHWAH NJ 07430
Ellen Lalwani	officer: EVP/Chief Banking Officer	C/O LAKELAND BANCORP, INC., 250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Jr Splaine	officer: EVP and CFO	101 JFK PARKWAY, SHORT HILLS NJ 07078
Janeth C Hendershot	director	250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Nicholson Robert K Iii	director
Bruce D. Bohuny	director	250 OAK RIDGE ROAD, OAK RIDGE NJ 07438
Thomas Shara	officer: President and CEO	92 FROST COURT, WYCOFF NJ 07481
Brian Flynn	director	350 RODNEY ROAD, WYCOFF NJ 07481