Lakeland Financial (Lakeland Financial) 5-Year Yield-on-Cost % : 5.34 (As of Apr. 25, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Lakeland Financial 5-Year Yield-on-Cost %?

Lakeland Financial's yield on cost for the quarter that ended in Dec. 2023 was 5.34.

The historical rank and industry rank for Lakeland Financial's 5-Year Yield-on-Cost % or its related term are showing as below:

LKFN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.66 Med: 3.73 Max: 6.88
Current: 5.34

During the past 13 years, Lakeland Financial's highest Yield on Cost was 6.88. The lowest was 2.66. And the median was 3.73.

LKFN's 5-Year Yield-on-Cost % is ranked better than
55.31% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs LKFN: 5.34

Competitive Comparison of Lakeland Financial's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Lakeland Financial's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lakeland Financial's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Lakeland Financial's 5-Year Yield-on-Cost % falls into.

Lakeland Financial 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Lakeland Financial is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Lakeland Financial (NAS:LKFN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Lakeland Financial 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Lakeland Financial's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lakeland Financial (Lakeland Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lakeland Financial Corp (NAS:LKFN) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

202 East Center Street, P.O.Box 1387, Warsaw, IN, USA, 46581-1387

Website

https://www.lakecitybank.com

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