Lakeland Bancorp Stock

Lakeland Bancorp Dividend 2024

Lakeland Bancorp Dividend

0.58 USD

Lakeland Bancorp Dividend yield

4.32 %

Ticker

LBAI

ISIN

US5116371007

WKN

631666

How much dividend does Lakeland Bancorp 2024 pay?

According to the latest status from August 2024, Lakeland Bancorp paid a total of 0.58 USD per share in dividends within the last 12 months. With the current Lakeland Bancorp price of 13.43 USD, this corresponds to a dividend yield of 4.32 %. A dividend is paid times per year.

4.32 % Dividend Yield=
0.58 USD Dividend
13.43 USD Stock Price

Historical Lakeland Bancorp Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
5/26/20240.15
3/2/20240.15
12/3/20230.15
9/4/20230.15
6/5/20230.15
3/3/20230.15
12/4/20220.15
9/5/20220.15
6/6/20220.15
3/4/20220.14
12/4/20210.14
8/30/20210.14
6/6/20210.14
3/5/20210.13
12/2/20200.13
8/31/20200.13
6/8/20200.13
3/3/20200.13
12/1/20190.13
9/2/20190.13
1
2
3
4
5
...
6

Lakeland Bancorp dividend history and estimates

In 2023, Lakeland Bancorp paid a dividend amounting to 0.58 USD. Dividend means that Lakeland Bancorp distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Lakeland Bancorp provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Lakeland Bancorp’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Lakeland Bancorp's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Lakeland Bancorp Dividend History

DateLakeland Bancorp Dividend
2026e0.62 undefined
2025e0.62 undefined
2024e0.62 undefined
20230.58 undefined
20220.57 undefined
20210.53 undefined
20200.5 undefined
20190.49 undefined
20180.45 undefined
20170.4 undefined
20160.37 undefined
20150.33 undefined
20140.29 undefined
20130.27 undefined
20120.24 undefined
20110.22 undefined
20100.18 undefined
20090.26 undefined
20080.35 undefined
20070.33 undefined
20060.32 undefined
20050.31 undefined
20040.3 undefined

Is the Lakeland Bancorp Dividend Safe?

Lakeland Bancorp has been increasing the dividend for 13 years.

Over the past 10 years, Lakeland Bancorp has increased it by an annual 7.889 %.

Over a five-year period, the distribution increased by 5.442%.

Analysts expect a Dividend Increase of 3.146% for the current fiscal year.

Lakeland Bancorp dividend payout ratio

In 2023, Lakeland Bancorp had a payout ratio of 35.96%. The payout ratio indicates the percentage of the company's profits that Lakeland Bancorp distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Lakeland Bancorp represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Lakeland Bancorp could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Lakeland Bancorp's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Lakeland Bancorp Payout Ratio History

DateLakeland Bancorp Payout ratio
2026e34.62 %
2025e34.71 %
2024e33.19 %
202335.96 %
202234.97 %
202128.65 %
202044.25 %
201935.51 %
201833.71 %
201735.59 %
201638.95 %
201538.82 %
201435.71 %
201338.23 %
201232.69 %
201134.55 %
201032.98 %
2009-83.6 %
200862.82 %
200749.12 %
200650.36 %
200541.91 %
200445.23 %

Dividend Details

Understanding Lakeland Bancorp's Dividend Distributions

Lakeland Bancorp’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Lakeland Bancorp's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Lakeland Bancorp's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Lakeland Bancorp’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Lakeland Bancorp Aktienanalyse

What does Lakeland Bancorp do?

Lakeland Bancorp Inc is an American financial institution based in Oak Ridge, New Jersey. It was founded in 1969 as Lakeland State Bank and has since grown and expanded into new markets. Today, the bank is a major player in the regional economy and employs several hundred employees. The business model of Lakeland Bancorp Inc is strongly focused on the needs of businesses and individual customers in the region. The bank offers a variety of financial services, including deposit accounts, loans, securities trading, and asset management. For businesses, Lakeland also offers specialized services such as cash management, business banking, and treasury management. With this focus on the local economy, the bank has secured a strong market position and built a loyal customer base. One key component of Lakeland Bancorp Inc's success is the various divisions it operates. In addition to traditional banking services, Lakeland also operates its own investment and asset management division, known as LNB Wealth Management. Here, customers receive individual advice and support to help them achieve their financial goals. Lakeland also offers specialized mortgage loans and refinancing solutions through a subsidiary called Lakeland Mortgage. The securities trading division is served by a subsidiary called LPL Financial, which provides customers with investment products. In addition to traditional deposit and loan accounts, Lakeland Bancorp Inc offers specialized offerings for various target groups. For example, there is a special account for young people that allows them to manage their money while also learning financial skills. The bank also offers products tailored to seniors, such as an account with special benefits and discounts. Overall, Lakeland Bancorp Inc has established itself as a major player in the regional banking services sector with its dedicated business model. With a wide range of products and services for different target groups and divisions, the company has built a loyal customer base and become an integral part of the local economy. Lakeland Bancorp is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Lakeland Bancorp stock

How much dividend does Lakeland Bancorp pay?

Over the past 12 months, Lakeland Bancorp paid a dividend of 0.58 USD . This corresponds to a dividend yield of about 4.32 %. For the coming 12 months, Lakeland Bancorp is expected to pay a dividend of 0.62 USD.

What is the dividend yield of Lakeland Bancorp?

The current dividend yield of Lakeland Bancorp is 4.32 %.

When does Lakeland Bancorp pay dividends?

Lakeland Bancorp pays a quarterly dividend. This is distributed in the months of September, December, March, May.

How secure is the dividend of Lakeland Bancorp?

Lakeland Bancorp paid dividends every year for the past 23 years.

What is the dividend of Lakeland Bancorp?

For the upcoming 12 months, dividends amounting to 0.62 USD are expected. This corresponds to a dividend yield of 4.59 %.

In which sector is Lakeland Bancorp located?

Lakeland Bancorp is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Lakeland Bancorp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lakeland Bancorp from 5/8/2024 amounting to 0.145 USD, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Lakeland Bancorp pay the last dividend?

The last dividend was paid out on 5/8/2024.

What was the dividend of Lakeland Bancorp in the year 2023?

In the year 2023, Lakeland Bancorp distributed 0.57 USD as dividends.

In which currency does Lakeland Bancorp pay out the dividend?

The dividends of Lakeland Bancorp are distributed in USD.

Andere Kennzahlen von Lakeland Bancorp

Our stock analysis for Lakeland Bancorp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lakeland Bancorp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.