Luther Burbank's last quarterly dividend was on May 5, 2022 (ex-date) with a distribution of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 3.72% based on its recent close price.
LBC has a dividend yield of 3.72% which is higher than the Financial Services sector and the industry average.
Luther Burbank has been paying dividends since 2018. LBC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 107% for the last twelve months. And with the stock price up by 7% from a year ago, the dividend yield has increased by 94%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Apr 26, 2022 | May 5, 2022 | May 16, 2022 | $0.12 | normal |
| Jan 25, 2022 | Feb 3, 2022 | Feb 14, 2022 | $0.12 | normal |
| Oct 26, 2021 | Nov 4, 2021 | Nov 15, 2021 | $0.12 | normal |
| Jul 27, 2021 | Aug 5, 2021 | Aug 16, 2021 | $0.12 | normal |
| Apr 27, 2021 | May 6, 2021 | May 17, 2021 | $0.058 | normal |
| Jan 26, 2021 | Feb 4, 2021 | Feb 16, 2021 | $0.058 | normal |
| Oct 27, 2020 | Nov 5, 2020 | Nov 16, 2020 | $0.058 | normal |
| Jul 28, 2020 | Aug 6, 2020 | Aug 17, 2020 | $0.058 | normal |
| May 4, 2020 | May 13, 2020 | May 26, 2020 | $0.058 | normal |
| Jan 28, 2020 | Feb 6, 2020 | Feb 18, 2020 | $0.058 | normal |
| Oct 23, 2019 | Nov 1, 2019 | Nov 14, 2019 | $0.058 | normal |
| Jul 29, 2019 | Aug 7, 2019 | Aug 19, 2019 | $0.058 | normal |
| Apr 29, 2019 | May 8, 2019 | May 20, 2019 | $0.058 | normal |
| Jan 28, 2019 | Feb 7, 2019 | Feb 19, 2019 | $0.058 | normal |
| Oct 25, 2018 | Nov 2, 2018 | Nov 15, 2018 | $0.058 | normal |
| Jul 26, 2018 | Aug 3, 2018 | Aug 16, 2018 | $0.058 | normal |
| Apr 26, 2018 | May 4, 2018 | May 17, 2018 | $0.058 | normal |
| Jan 25, 2018 | Feb 2, 2018 | Feb 15, 2018 | $0.015 | normal |
LBC has a payout ratio of 26.8% which is lower than the Financial Services sector and the industry average.