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Lakeland Bancorp (FRA:LKL) Forward Dividend Yield % : 4.39% (As of May. 12, 2024)


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What is Lakeland Bancorp Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Lakeland Bancorp is 4.39%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Lakeland Bancorp is 4.36%.

FRA:LKL's Forward Dividend Yield % is ranked better than
55.02% of 1176 companies
in the Banks industry
Industry Median: 4.07 vs FRA:LKL: 4.39

Lakeland Bancorp's Dividends per Share for the three months ended in Mar. 2024 was €0.13.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lakeland Bancorp was 14.40% per year. The lowest was -18.10% per year. And the median was 6.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Lakeland Bancorp's Forward Dividend Yield %

For the Banks - Regional subindustry, Lakeland Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakeland Bancorp's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lakeland Bancorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lakeland Bancorp's Forward Dividend Yield % falls into.



Lakeland Bancorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lakeland Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1450002024-04-262024-04-292024-05-08Cash DividendquarterlyUSD:EUR 0.932000
USD 0.1450002024-02-022024-02-052024-02-15Cash DividendquarterlyUSD:EUR 0.927000
USD 0.1450002023-11-032023-11-062023-11-16Cash DividendquarterlyUSD:EUR 0.924000
USD 0.1450002023-08-042023-08-072023-08-16Cash DividendquarterlyUSD:EUR 0.917000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lakeland Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.54056/12.30
=4.39 %

Current Share Price is €12.30.
Lakeland Bancorp's Dividends per Share for the forward twelve months is calculated as €0.13514 * 4 = €0.54056.

Lakeland Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5365/12.30
=4.36 %

Current Share Price is €12.30.
Lakeland Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.5365.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lakeland Bancorp  (FRA:LKL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lakeland Bancorp Forward Dividend Yield % Related Terms

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Lakeland Bancorp (FRA:LKL) Business Description

Traded in Other Exchanges
Address
250 Oak Ridge Road, Oak Ridge, NJ, USA, 07438
Lakeland Bancorp Inc is a bank holding company. It offers retail banking, business banking, and investment programs. The company's services are lending, depository, short and medium term loans, line and letters of credit, inventory and accounts receivable financing, construction and mortgage loans, merchant credit card services, checking account, savings accounts, now accounts, money market accounts, certificate of deposits, safe deposit, consumer installment loans and also wire transfer, internet and mobile banking, night depository services and investment and advisory services. The company operates through offices located in New Jersey and New York. Its primary source of revenue is interest income generated from loans, leases and investment securities.

Lakeland Bancorp (FRA:LKL) Headlines

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