Home / Business and Economy / LCNB Corp. Dividend Yield Hits 5.6%!
LCNB Corp. Dividend Yield Hits 5.6%!
25 Nov
Summary
- LCNB Corp. investors will receive $0.22 per share on December 15.
- The company offers a dividend yield of 5.6%, covering earnings well.
- LCNB Corp. has a decade-long history of consistent dividend payments.
LCNB Corp. is poised to distribute a significant payment of $0.22 per share to its investors on December 15th. This dividend contributes to an attractive yield of 5.6%, enhancing overall shareholder returns. The company's financial health appears robust, with its earnings comfortably covering the dividend payments.
With a demonstrated history of distributing dividends for more than a decade, LCNB Corp. has proven its commitment to shareholder returns. The current payout ratio stands at a healthy 53%, indicating that the company's earnings adequately support its dividend policy. Analysts anticipate earnings per share growth of 6.1% over the next three years, with a projected payout ratio of 50%.
Historically, LCNB Corp. has maintained a stable dividend payment policy. Since 2015, annual payments have increased from $0.64 to $0.88, reflecting a modest annual growth rate of approximately 3.2%. While dividend growth has been slow, the consistency appeals to income-focused investors, supported by strong cash generation and easily covered distributions.
