LOB Live Oak Bancshares dividend history, payout ratio & dates
Live Oak Bancshares's most recent dividend was on Sep 3, 2024 (ex-date) with a cash dividend payment of $0.03 per share. On an annualized basis, the company has a current payout of $0.12 per share. This brings the dividend yield to 0.25% based on its recent close price.
Key dates
- LOB last dividend date: Sep 3, 2024
LOB dividend stats
vs. Financial Services sector
Dividend yield
Live Oak Bancshares's dividend yield of 0.25% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.55%, Live Oak Bancshares's dividend yield is 90% lower. The historical 5-year average of LOB's dividend yield is 0.4%, which is above the current yield.
Dividend history
Live Oak Bancshares has been paying dividends since 2015. LOB has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 46% from a year ago, the dividend yield has decreased by 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 3, 2024 | $0.03 | 0.28% |
| Jun 4, 2024 | $0.03 | 0.37% |
| Feb 26, 2024 | $0.03 | 0.31% |
| Nov 27, 2023 | $0.03 | 0.37% |
| Sep 1, 2023 | $0.03 | 0.37% |
| Jun 6, 2023 | $0.03 | 0.48% |
| Feb 27, 2023 | $0.03 | 0.34% |
| Nov 28, 2022 | $0.03 | 0.38% |
| Sep 2, 2022 | $0.03 | 0.35% |
| May 27, 2022 | $0.03 | 0.3% |
| Feb 28, 2022 | $0.03 | 0.19% |
| Nov 26, 2021 | $0.03 | 0.13% |
| Sep 3, 2021 | $0.03 | 0.2% |
| May 24, 2021 | $0.03 | 0.2% |
| Mar 8, 2021 | $0.03 | 0.21% |
| Nov 30, 2020 | $0.03 | 0.29% |
| Sep 4, 2020 | $0.03 | 0.51% |
| May 22, 2020 | $0.03 | 0.92% |
| Feb 24, 2020 | $0.03 | 0.69% |
| Dec 2, 2019 | $0.03 | 0.66% |
| Sep 9, 2019 | $0.03 | 0.66% |
| May 24, 2019 | $0.03 | 0.74% |
| Feb 25, 2019 | $0.03 | 0.73% |
| Nov 30, 2018 | $0.03 | 0.67% |
| Sep 10, 2018 | $0.03 | 0.41% |
| May 25, 2018 | $0.03 | 0.41% |
| Feb 23, 2018 | $0.03 | 0.49% |
| Nov 10, 2017 | $0.03 | 0.52% |
| Aug 17, 2017 | $0.03 | 0.39% |
| May 19, 2017 | $0.02 | 0.37% |
| Mar 8, 2017 | $0.02 | 0.33% |
| Dec 12, 2016 | $0.02 | 0.39% |
| Aug 30, 2016 | $0.02 | 0.48% |
| Jun 3, 2016 | $0.01 | 0.31% |
| Feb 26, 2016 | $0.02 | 0.31% |
| Dec 28, 2015 | $0.01 | 0.14% |
| Sep 23, 2015 | $0.01 | 0.05% |
Live Oak Bancshares dividend payout ratio
Payout ratio
Live Oak Bancshares's payout ratio of 6.4% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 44%, Live Oak Bancshares's payout ratio is 85% lower.
Total amount of dividends paid per financial year (from cash flow)
LOB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.71% | $1.51 | 103.4% |
| NRIM Northrim Bancorp Inc | 2.69% | $2.44 | 41.2% |
| LOB Live Oak Bancshares Inc | 0.24% | $0.12 | 6.4% |
Frequently asked questions
Does Live Oak Bancshares pay a dividend?
Yes, Live Oak Bancshares has been paying dividends for the last nine years.
When was LOB's last dividend?
Live Oak Bancshares's last regular dividend was on Sep 3, 2024 (ex-date) with the amount of $0.03 per share.
How much dividend does Live Oak Bancshares pay (per share)?
LOB's annualized dividend per share is $0.12.
What is Live Oak Bancshares's dividend yield?
The current dividend yield of Live Oak Bancshares is 0.25%.
How often does Live Oak Bancshares pay dividends?
Live Oak Bancshares has a quarterly dividend frequency.
What is Live Oak Bancshares's dividend payout ratio?
Live Oak Bancshares's dividend payout ratio is 6.4%.
Does Live Oak Bancshares pay a good dividend?
Live Oak Bancshares's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.