Lcnb's latest quarterly dividend of $0.22 per share was on Feb 29, 2024 (ex-date). The annualized dividend distribution of $0.86 per share represents a current dividend yield of 5.64%.
Lcnb's dividend yield of 5.64% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.36%, Lcnb's dividend yield is 68% higher. The current dividend yield is more than the historical average of 4.7% of the last 5 years.
Lcnb has a history of paying dividends since 2000. Our records of LCNB show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 4.9% since twelve months ago. And with the price of the stock down by 4.9% from a year ago, the dividend yield has increased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 29, 2024 | Mar 15, 2024 | Feb 16, 2024 | $0.22 | normal |
| Nov 30, 2023 | Dec 15, 2023 | Nov 20, 2023 | $0.22 | normal |
| Aug 31, 2023 | Sep 15, 2023 | Aug 22, 2023 | $0.21 | normal |
| May 31, 2023 | Jun 15, 2023 | May 10, 2023 | $0.21 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Jan 23, 2023 | $0.21 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 21, 2022 | $0.21 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 16, 2022 | $0.2 | normal |
| May 31, 2022 | Jun 15, 2022 | May 16, 2022 | $0.2 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 22, 2022 | $0.2 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 16, 2021 | $0.2 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 16, 2021 | $0.19 | normal |
| May 28, 2021 | Jun 15, 2021 | May 17, 2021 | $0.19 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 16, 2021 | $0.19 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 16, 2020 | $0.19 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 17, 2020 | $0.18 | normal |
| May 29, 2020 | Jun 15, 2020 | May 18, 2020 | $0.18 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Feb 18, 2020 | $0.18 | normal |
| Nov 29, 2019 | Dec 16, 2019 | Nov 18, 2019 | $0.18 | normal |
| Aug 30, 2019 | Sep 16, 2019 | Aug 19, 2019 | $0.17 | normal |
| May 31, 2019 | Jun 17, 2019 | May 20, 2019 | $0.17 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Feb 19, 2019 | $0.17 | normal |
| Nov 30, 2018 | Dec 17, 2018 | Nov 19, 2018 | $0.17 | normal |
| Aug 31, 2018 | Sep 17, 2018 | Aug 20, 2018 | $0.16 | normal |
| May 31, 2018 | Jun 15, 2018 | May 21, 2018 | $0.16 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 12, 2018 | $0.16 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 13, 2017 | $0.16 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Jul 24, 2017 | $0.16 | normal |
| May 30, 2017 | Jun 15, 2017 | Apr 24, 2017 | $0.16 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Jan 23, 2017 | $0.16 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 21, 2016 | $0.16 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 22, 2016 | $0.16 | normal |
Lcnb's payout ratio of 78.2% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 39.6%, Lcnb's payout ratio is 97% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LCNB Lcnb Corp | 5.62% | $0.86 | 78.2% |
| FMNB Farmers National Banc Corp | 5.59% | $0.68 | 50.7% |
| UBCP United Bancorp Inc | 5.29% | $0.68 | 43% |
| HBAN Huntington Bancshares Inc | 4.57% | $0.62 | 49.2% |
| FFBC First Financial Bancorp | 4.11% | $0.92 | 33.8% |
| FUNC First United Corp | 3.59% | $0.8 | 35.6% |
| PRK Park National Corp | 3.12% | $4.21 | 53.7% |
Yes, Lcnb has paid four dividends in the last twelve months. LCNB has been paying dividends since 2000.
LCNB hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Lcnb's last regular dividend was on Feb 29, 2024 (ex-date) with the amount of $0.22 per share.
LCNB has paid dividend of $0.86 per share in the last year.
Currently Lcnb's dividend yield is 5.64%.
Lcnb pays four dividends per year.
The dividend payout ratio of Lcnb is 78.2%.
Lcnb's dividend yield is more than the Financial Services sector average.