Trailing Dividend / Share
$2.00
Lakeland Financial Corporation (LKFN) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.3%
Payout Ratio
49.7%
Sustainable
Dividend Streak
14 years
LKFN Dividend Income Check
Safety
49.7% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 3.7% and trend is rising.
LKFN Dividend Scorecard
Yield & Income
Dividend Yield3.3%
Trailing DPS$2.00
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout49.7%
Earnings SafetySustainable
FCF Payout50.1%
FCF SafetyAdequate
Piotroski F-Score6/9
Growth
Growth Streak14 years
3Y CAGR7.7%
5Y CAGR10.8%
Yield on Cost (5Y)3.7%
YOC Trendrising
Total Returns
Buyback Yield1.3%
Total Shareholder Yield4.6%
1Y Total Return6.0%
5Y Total Return14.9%
Div Contribution (5Y)15.1%
Estimated $10K growth (return + dividends):
5Y ago$11,48810Y ago$23,56520Y ago$54,752
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
LKFN Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
LKFN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get LKFN's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Lakeland Financial Corporation distributes 49.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 50.1%, rated "Adequate".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
LKFN has raised its dividend for 14 consecutive years, with a 3-year CAGR of 7.7% and 5-year CAGR of 10.8%.
Total Shareholder Returns
Beyond cash dividends, LKFN returns capital through share repurchases. The combined picture: 3.3% dividend yield, 1.3% buyback yield, 4.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.7% and is currently rising. The 5-year total return is 14.9%, with dividends contributing 15.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $23,565 today.
LKFN Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$9.08
Avg/Payment$0.4540
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 24, 2026Latest | $0.5200 | — | 3.42% | May 5, 2026 |
| Jan 23, 2026 | $0.5200 | ↑ +4.0% | 3.43% | Feb 5, 2026 |
| Oct 24, 2025 | $0.5000 | — | 3.23% | Nov 5, 2025 |
| Jul 25, 2025 | $0.5000 | — | 3.00% | Aug 5, 2025 |
| Apr 25, 2025 | $0.5000 | — | 3.66% | May 5, 2025 |
| Jan 24, 2025 | $0.5000 | ↑ +4.2% | 2.80% | Feb 5, 2025 |
| Oct 25, 2024 | $0.4800 | — | 3.05% | Nov 5, 2024 |
| Jul 25, 2024 | $0.4800 | — | 2.69% | Aug 5, 2024 |
LKFN Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.3%
#4 of 9
Safety
Sustainable
49.7% payout
Streak
14Y
10.8% 5Y CAGR
Total Shareholder
4.6%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| LKFNLakeland Financial C… | $1.6B | 3.3% | 49.7% | 14 | Sustainable |
 FFINFirst Financial Bank… | $4.7B | 2.2% | 41.8% | 15 | Sustainable |
 TOWNTowneBank | $2.7B | 3.0% | 46.8% | 14 | Sustainable |
1st  SFNCSimmons First Nation… | $3.2B | 3.9% | — | 14 | Unknown |
3rd  FULTFulton Financial Cor… | $4.4B | 3.3% | 36.1% | 5 | Sustainable |
 IBCPIndependent Bank Cor… | $704M | 3.0% | 31.5% | 11 | Sustainable |
 NBTBNBT Bancorp Inc. | $2.5B | 3.0% | 42.9% | 13 | Sustainable |
2nd  HBANHuntington Bancshare… | $27.0B | 3.5% | 41.1% | 0 | Sustainable |
 FITBFifth Third Bancorp | $35.9B | 3.2% | 46.1% | 15 | Sustainable |
LKFN Annual Dividend History (1994–2026)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.04 | — | 2 | — | — | — | 1.9% |
| 2025 | $2.00 | 4.2% | 4 | $4.01 | 49.9% | 2.00x | 3.7% |
| 2024 | $1.92 | 4.3% | 4 | $3.63 | 52.9% | 1.89x | 3.6% |
| 2023 | $1.84 | 15.0% | 4 | $3.65 | 50.4% | 1.98x | 3.4% |
| 2022 | $1.60 | 17.6% | 4 | $4.04 | 39.6% | 2.52x | 3.0% |
| 2021 | $1.36 | 13.3% | 4 | $3.74 | 36.4% | 2.75x | 2.5% |
| 2020 | $1.20 | 3.4% | 4 | $3.30 | 36.4% | 2.75x | 2.2% |
| 2019 | $1.16 | 16.0% | 4 | $3.38 | 34.3% | 2.91x | 2.2% |
| 2018 | $1.00 | 17.6% | 4 | $3.13 | 31.9% | 3.13x | 1.9% |
| 2017 | $0.85 | 17.0% | 4 | $2.23 | 38.1% | 2.62x | 1.6% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
32+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
LKFN — Frequently Asked Questions
Quick answers to the most common questions about buying LKFN stock.
How much dividend does LKFN pay per share?
Lakeland Financial Corporation (LKFN) pays a trailing 12-month dividend of $2.00 per share, with a current dividend yield of +3.3%. Payments are made Semi-Annual.
When is LKFN's next ex-dividend date?
LKFN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LKFN typically pays dividends Semi-Annual.
Is LKFN's dividend safe?
LKFN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +49.7% and FCF payout ratio of +50.1%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is LKFN a Dividend Achiever?
Yes, Lakeland Financial Corporation is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +10.8%, demonstrating above-inflation dividend growth.
How often does LKFN pay dividends?
Lakeland Financial Corporation pays dividends Semi-Annual. The trailing 12-month total is $2.00 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in LKFN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LKFN five years ago would be worth approximately $11,488 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LKFN's yield on cost for long-term holders?
LKFN's yield on cost — the current dividend divided by the original purchase price — is +3.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.