LPLA LPL Financial Holdings dividend history, payout ratio & dates
LPL Financial Holdings's last dividend of $0.3 per share was on Aug 9, 2024 (ex-date). The annualized dividend payment of $1.2 per share represents a current dividend yield of 0.45%.
Key dates
- LPLA last dividend date: Aug 9, 2024
LPLA dividend stats
vs. Financial Services sector
Dividend yield
LPLA has a dividend yield of 0.45% which is below the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.78%, LPL Financial Holdings's dividend yield is 84% lower. The historical 5-year average of LPLA's dividend yield is 0.8%, which is more than the current yield.
Dividend history
LPL Financial Holdings has a history of paying dividends since 2012. Our records of LPLA show that the company has issued four dividends in the last twelve months. The annualized DPS marks an increase of 4.3% since one year ago. But with the stock price up by 20% from a year ago, the dividend yield marks a decrease of 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 9, 2024 | $0.3 | 0.61% |
| May 20, 2024 | $0.3 | 0.45% |
| Mar 11, 2024 | $0.3 | 0.45% |
| Nov 8, 2023 | $0.3 | 0.54% |
| Aug 10, 2023 | $0.3 | 0.51% |
| May 17, 2023 | $0.3 | 0.69% |
| Mar 13, 2023 | $0.3 | 0.52% |
| Nov 9, 2022 | $0.25 | 0.39% |
| Aug 16, 2022 | $0.25 | 0.44% |
| Jun 8, 2022 | $0.25 | 0.49% |
| Mar 14, 2022 | $0.25 | 0.62% |
| Nov 9, 2021 | $0.25 | 0.61% |
| Aug 12, 2021 | $0.25 | 0.67% |
| May 21, 2021 | $0.25 | 0.67% |
| Mar 15, 2021 | $0.25 | 0.69% |
| Nov 10, 2020 | $0.25 | 1.14% |
| Aug 13, 2020 | $0.25 | 1.19% |
| May 27, 2020 | $0.25 | 1.34% |
| Mar 17, 2020 | $0.25 | 2.01% |
| Nov 6, 2019 | $0.25 | 1.16% |
| Aug 12, 2019 | $0.25 | 1.38% |
| May 17, 2019 | $0.25 | 1.24% |
| Mar 14, 2019 | $0.25 | 1.35% |
| Nov 7, 2018 | $0.25 | 1.55% |
| Aug 8, 2018 | $0.25 | 1.5% |
| May 17, 2018 | $0.25 | 1.43% |
| Mar 8, 2018 | $0.25 | 1.56% |
| Nov 8, 2017 | $0.25 | 1.98% |
| Aug 8, 2017 | $0.25 | 2.18% |
| May 11, 2017 | $0.25 | 2.36% |
| Mar 8, 2017 | $0.25 | 2.58% |
| Nov 14, 2016 | $0.25 | 2.61% |
| Aug 9, 2016 | $0.25 | 3.76% |
| May 18, 2016 | $0.25 | 4.07% |
| Mar 2, 2016 | $0.25 | 4.89% |
| Nov 9, 2015 | $0.25 | 2.24% |
| Aug 13, 2015 | $0.25 | 2.33% |
| May 7, 2015 | $0.25 | 2.41% |
| Feb 26, 2015 | $0.25 | 2.16% |
LPL Financial Holdings dividend payout ratio
Payout ratio
LPLA has a payout ratio of 9.2% 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 43.2%, LPL Financial Holdings's payout ratio is 79% lower.
Total amount of dividends paid per financial year (from cash flow)
LPLA dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TROW Price T Rowe Group Inc | 4.4% | $4.94 | 58.2% |
| MS Morgan Stanley | 2.94% | $3.48 | 56.5% |
| BK Bank of New York Mellon Corp | 2.34% | $1.78 | 42.1% |
| WFC Wells Fargo & Company | 2.2% | $1.45 | 29.4% |
| SCHW Schwab Charles Corp | 1.4% | $1 | 41.3% |
| RJF Raymond James Financial Inc | 1.21% | $1.8 | 19.8% |
| LPLA LPL Financial Holdings Inc | 0.45% | $1.2 | 9.2% |
Frequently asked questions
Does LPL Financial Holdings pay a dividend?
Yes, LPL Financial Holdings has paid four dividends in the last 12 months. LPLA has been paying dividends since 2012.
When was LPLA's last dividend?
LPL Financial Holdings's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.3 per share.
How much dividend does LPL Financial Holdings pay (per share)?
LPLA has paid dividend of $1.2 per share in the last year.
What is LPL Financial Holdings's dividend yield?
Currently LPL Financial Holdings's dividend yield is 0.45%.
How often does LPL Financial Holdings pay dividends?
LPL Financial Holdings has a quarterly dividend frequency.
What is LPL Financial Holdings's dividend payout ratio?
The dividend payout ratio of LPL Financial Holdings is 9.2%.
Does LPL Financial Holdings pay a good dividend?
LPL Financial Holdings's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.