LPL Financial Holdings's last quarterly dividend of $0.3 per share was on Mar 11, 2024 (ex-date). The annualized dividend payment of $1.2 per share represents a current dividend yield of 0.46%.
LPLA has a dividend yield of 0.46% which is below the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 3.44%, LPL Financial Holdings's dividend yield is 87% lower. The historical 5-year average of LPLA's dividend yield is 0.8%, which is more than the current yield.
LPL Financial Holdings has a history of paying dividends since 2012. Our records of LPLA show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 14% since one year ago. But with the stock price up by 27% from a year ago, the dividend yield marks a decrease of 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 11, 2024 | Mar 26, 2024 | Jan 30, 2024 | $0.3 | normal |
| Nov 8, 2023 | Nov 27, 2023 | Oct 26, 2023 | $0.3 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jul 27, 2023 | $0.3 | normal |
| May 17, 2023 | Jun 1, 2023 | Apr 27, 2023 | $0.3 | normal |
| Mar 13, 2023 | Mar 28, 2023 | Feb 2, 2023 | $0.3 | normal |
| Nov 9, 2022 | Nov 28, 2022 | Oct 27, 2022 | $0.25 | normal |
| Aug 16, 2022 | Aug 31, 2022 | Aug 2, 2022 | $0.25 | normal |
| Jun 8, 2022 | Jun 24, 2022 | May 18, 2022 | $0.25 | normal |
| Mar 14, 2022 | Mar 29, 2022 | Feb 3, 2022 | $0.25 | normal |
| Nov 9, 2021 | Nov 29, 2021 | Oct 28, 2021 | $0.25 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 29, 2021 | $0.25 | normal |
| May 21, 2021 | Jun 7, 2021 | May 5, 2021 | $0.25 | normal |
| Mar 15, 2021 | Mar 30, 2021 | Feb 4, 2021 | $0.25 | normal |
| Nov 10, 2020 | Nov 30, 2020 | Oct 29, 2020 | $0.25 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jul 28, 2020 | $0.25 | normal |
| May 27, 2020 | Jun 12, 2020 | May 6, 2020 | $0.25 | normal |
| Mar 17, 2020 | Mar 31, 2020 | Jan 27, 2020 | $0.25 | normal |
| Nov 6, 2019 | Nov 21, 2019 | Oct 21, 2019 | $0.25 | normal |
| Aug 12, 2019 | Aug 23, 2019 | Jul 24, 2019 | $0.25 | normal |
| May 17, 2019 | Jun 3, 2019 | Apr 30, 2019 | $0.25 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Jan 30, 2019 | $0.25 | normal |
| Nov 7, 2018 | Nov 26, 2018 | Oct 23, 2018 | $0.25 | normal |
| Aug 8, 2018 | Aug 23, 2018 | Jul 25, 2018 | $0.25 | normal |
| May 17, 2018 | Jun 1, 2018 | Apr 27, 2018 | $0.25 | normal |
| Mar 8, 2018 | Mar 23, 2018 | Feb 16, 2018 | $0.25 | normal |
| Nov 8, 2017 | Nov 27, 2017 | Oct 24, 2017 | $0.25 | normal |
| Aug 8, 2017 | Aug 24, 2017 | Jul 26, 2017 | $0.25 | normal |
| May 11, 2017 | May 25, 2017 | Apr 25, 2017 | $0.25 | normal |
| Mar 8, 2017 | Mar 24, 2017 | Feb 24, 2017 | $0.25 | normal |
| Nov 14, 2016 | Nov 30, 2016 | Oct 31, 2016 | $0.25 | normal |
| Aug 9, 2016 | Aug 25, 2016 | Jul 26, 2016 | $0.25 | normal |
| May 18, 2016 | May 31, 2016 | May 10, 2016 | $0.25 | normal |
| Mar 2, 2016 | Mar 14, 2016 | Feb 23, 2016 | $0.25 | normal |
LPLA has a payout ratio of 8.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.5%, LPL Financial Holdings's payout ratio is 78% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TROW Price T Rowe Group Inc | 4.51% | $4.9 | 63% |
| MS Morgan Stanley | 3.67% | $3.33 | 63.5% |
| WFC Wells Fargo & Company | 2.24% | $1.35 | 27.7% |
| RJF Raymond James Financial Inc | 1.41% | $1.74 | 21.3% |
| SCHW Schwab Charles Corp | 1.36% | $1 | 39.2% |
| LPLA LPL Financial Holdings Inc | 0.46% | $1.2 | 8.6% |
Yes, LPL Financial Holdings has paid four dividends in the last 12 months. LPLA has been paying dividends since 2012.
LPLA hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.
LPL Financial Holdings's last regular dividend was on Mar 11, 2024 (ex-date) with the amount of $0.3 per share.
LPLA has paid dividend of $1.2 per share in the last year.
Currently LPL Financial Holdings's dividend yield is 0.46%.
LPL Financial Holdings has a quarterly dividend frequency.
The dividend payout ratio of LPL Financial Holdings is 8.6%.
LPL Financial Holdings's dividend yield is less than the Financial Services sector average.