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Lakeland Financial Corporation (LKFN) logo

Lakeland Financial Corporation

S&P 500

LKFN/Financial Services · Banks - Regional/NASDAQ

Dividend Yield

3.39%

$2.04 · Annual Dividend

Stock Price$61.64P/E14.0MCap1.5BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

95/ 100Very Safe

LKFN's dividend appears very safe. Strengths include a 47.3% earnings payout ratio & 48.6% fcf payout ratio. The dividend has been growing at a 10.76% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 10 of 10 metrics

Strengths

  • Earnings Payout Ratio: 47.3%Low earnings payout ratio leaves room to grow the dividend.
  • Net Debt / Total Assets: 0.6%Healthy balance sheet with low net debt.
  • Operating Margin: 49.4%Healthy operating margin provides a wide buffer.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe

Balance Sheet

Very Safe

Profitability

Very Safe
49.4%Very Safe
Very StableVery Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
10.8%Very Safe
GrowingVery Safe

About Lakeland Financial Corporation

Lakeland Financial Corporation, a regional financial services entity, primarily offers a wide array of community banking services. Its core purpose is to provide comprehensive banking solutions to individuals, businesses, and government clients primarily in the Midwest region of the United States. The company's operations encompass a diverse set of financial services, including commercial and retail banking products, loan offerings, cash management services, and trust services. Notable features of Lakeland Financial Corporation include its strong focus on customer relationships and local market expertise, which allows it to tailor its offerings effectively to meet the needs of its clientele. The corporation plays a crucial role in supporting the economic growth and financial well-being of its community by facilitating capital access and financial planning. Headquartered in Warsaw, Indiana, Lakeland Financial Corporation is an integral part of the regional financial landscape, contributing to development and stability in its geographically focused markets.

Dividend Overview

Dividend Yield

3.39%

Annual Dividend

$2.04

Frequency

Quarterly

Payout Ratio

47.31%

FCF Payout Ratio

48.59%

52-Week Range

$54.36 - $69.40

Dividend History (2016–2025)

LKFN annual dividend per share and yield history

Earnings & Profitability

LKFN earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 24, 2026

Last Payment Date

May 5, 2026

Dividend Growth

3-Year Dividend CAGR

7.72%

5-Year Dividend CAGR

10.76%

10-Year Dividend CAGR

12.25%

3-Year Total Growth

25.00%

5-Year Total Growth

66.67%

10-Year Total Growth

217.46%

Income Calculator

LKFN Dividend Calculator

Total Investment

$6,164.00

Annual Income

$204.00

Quarterly Income

$51.00

Monthly Income

$17.00

Frequently Asked Questions

What is LKFN's current dividend yield?
Lakeland Financial Corporation (LKFN) currently has a dividend yield of 3.39%, based on a stock price of $61.64 and an annual dividend of $2.04.
When is LKFN's next dividend payment date?
LKFN's next ex-dividend date is 2026-04-24 and the next payment date is 2026-05-05. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does LKFN pay in dividends per year?
Lakeland Financial Corporation paid $2.00 per share in annual dividends in 2025. The dividends are paid quarterly.
Has LKFN been increasing its dividend?
Lakeland Financial Corporation has grown its dividend at a 5-year CAGR of 10.76% and a 10-year CAGR of 12.25%.
Is LKFN's dividend safe?
Lakeland Financial Corporation has a payout ratio of 47.31%. Its free cash flow payout ratio is 48.59%. A payout ratio below 60% is generally considered sustainable.
How is LKFN's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Lakeland Financial Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.