Luther Burbank's last quarterly dividend was on Nov 3, 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 5.71% based on its recent close price.
LBC has a dividend yield of 5.71% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.75%, Luther Burbank's dividend yield is 52% higher. The current dividend yield is more than the historical average of 2.6% of the last 5 years.
Luther Burbank has been paying dividends since 2018. LBC has distributed one quarterly dividend in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the stock price down by 32% from a year ago, the dividend yield has increased by 46%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 3, 2022 | Nov 14, 2022 | Oct 25, 2022 | $0.12 | normal |
| Aug 4, 2022 | Aug 15, 2022 | Jul 26, 2022 | $0.12 | normal |
| May 5, 2022 | May 16, 2022 | Apr 26, 2022 | $0.12 | normal |
| Feb 3, 2022 | Feb 14, 2022 | Jan 25, 2022 | $0.12 | normal |
| Nov 4, 2021 | Nov 15, 2021 | Oct 26, 2021 | $0.12 | normal |
| Aug 5, 2021 | Aug 16, 2021 | Jul 27, 2021 | $0.12 | normal |
| May 6, 2021 | May 17, 2021 | Apr 27, 2021 | $0.058 | normal |
| Feb 4, 2021 | Feb 16, 2021 | Jan 26, 2021 | $0.058 | normal |
| Nov 5, 2020 | Nov 16, 2020 | Oct 27, 2020 | $0.058 | normal |
| Aug 6, 2020 | Aug 17, 2020 | Jul 28, 2020 | $0.058 | normal |
| May 13, 2020 | May 26, 2020 | May 4, 2020 | $0.058 | normal |
| Feb 6, 2020 | Feb 18, 2020 | Jan 28, 2020 | $0.058 | normal |
| Nov 1, 2019 | Nov 14, 2019 | Oct 23, 2019 | $0.058 | normal |
| Aug 7, 2019 | Aug 19, 2019 | Jul 29, 2019 | $0.058 | normal |
| May 8, 2019 | May 20, 2019 | Apr 29, 2019 | $0.058 | normal |
| Feb 7, 2019 | Feb 19, 2019 | Jan 28, 2019 | $0.058 | normal |
| Nov 2, 2018 | Nov 15, 2018 | Oct 25, 2018 | $0.058 | normal |
| Aug 3, 2018 | Aug 16, 2018 | Jul 26, 2018 | $0.058 | normal |
| May 4, 2018 | May 17, 2018 | Apr 26, 2018 | $0.058 | normal |
| Feb 2, 2018 | Feb 15, 2018 | Jan 25, 2018 | $0.015 | normal |
LBC has a payout ratio of 44.4% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 33.4%, Luther Burbank's payout ratio is 33% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 6.02% | $1.51 | 37.6% |
| LBC Luther Burbank Corp | 5.71% | $0.48 | 44.4% |
Luther Burbank has issued one dividend in the last twelve months.
Luther Burbank's last regular dividend was on Nov 3, 2022 (ex-date) with the amount of $0.12 per share.
LBC's annualized dividend per share is $0.48.
Currently Luther Burbank's dividend yield is 5.71%.
Luther Burbank pays four dividends per year.
Luther Burbank's dividend payout ratio is 44.4%.
Luther Burbank's dividend yield is more than the Financial Services sector average.