LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, as well as certificates of deposit. The company's loan products comprise commercial and industrial, commercial and residential real estate, agricultural, construction, and small business administration loans; and residential mortgage loans that consists of loans for purchasing or refinancing personal residences, home equity lines of credit, and loans for commercial or consumer purposes secured by residential mortgages. It also offers consumer loans, such as automobile, recreational vehicles, boat, home improvement, and personal loans. In addition, the company provides trust administration, estate settlement, and fiduciary services; and investment management services for trusts, agency accounts, individual retirement accounts, and foundations/endowments. Further, it offers investment services and products, including financial needs analysis, mutual funds, securities trading, annuities, and life insurance; and security brokerage services. Additionally, the company provides safe deposit boxes, night depositories, cashier's checks, bank-by-mail, ATMs, cash and transaction services, debit cards, wire transfers, electronic funds transfer, utility bill collections, notary public service, cash management services, telephone banking, PC Internet banking, mobile banking, and other services for individuals and businesses. As of December 31, 2021, it operated 32 offices, including a main office in Warren County; branch offices in Warren, Butler, Clinton, Clermont, Fayette, Franklin, Hamilton, Montgomery, Preble, and Ross counties; and an operations center in Warren County, Ohio, as well as 37 ATMs. The company was founded in 1877 and is headquartered in Lebanon, Ohio.
LCNB Dividend Announcement
• LCNB announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• LCNB annual dividend for 2024 was $0.88
• LCNB annual dividend for 2023 was $0.85
• LCNB's trailing twelve-month (TTM) dividend yield is 4.99%
• LCNB's payout ratio for the trailing twelve months (TTM) is 169.02%
• LCNB's dividend growth over the last five years (2018-2023) was 5.51% year
• LCNB's dividend growth over the last ten years (2013-2023) was 2.88% year
LCNB Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.22 | quarterly | 2024-12-16 |
2024-09-03 | $0.22 | quarterly | 2024-09-16 |
2024-06-03 | $0.22 | quarterly | 2024-06-17 |
2024-02-29 | $0.22 | quarterly | 2024-03-15 |
2023-11-30 | $0.22 | quarterly | 2023-12-15 |
2023-08-31 | $0.21 | quarterly | 2023-09-15 |
2023-05-31 | $0.21 | quarterly | 2023-06-15 |
2023-02-28 | $0.21 | quarterly | 2023-03-15 |
2022-11-30 | $0.21 | quarterly | 2022-12-15 |
2022-08-31 | $0.20 | quarterly | 2022-09-15 |
2022-05-31 | $0.20 | quarterly | 2022-06-15 |
2022-02-28 | $0.20 | quarterly | 2022-03-15 |
2021-11-30 | $0.20 | quarterly | 2021-12-15 |
2021-08-31 | $0.19 | quarterly | 2021-09-15 |
2021-05-28 | $0.19 | quarterly | 2021-06-15 |
2021-02-26 | $0.19 | quarterly | 2021-03-15 |
2020-11-30 | $0.19 | quarterly | 2020-12-15 |
2020-08-31 | $0.18 | quarterly | 2020-09-15 |
2020-05-29 | $0.18 | quarterly | 2020-06-15 |
2020-02-28 | $0.18 | quarterly | 2020-03-16 |
2019-11-29 | $0.18 | quarterly | 2019-12-16 |
2019-08-30 | $0.17 | quarterly | 2019-09-16 |
2019-05-31 | $0.17 | quarterly | 2019-06-17 |
2019-02-28 | $0.17 | quarterly | 2019-03-15 |
2018-11-30 | $0.17 | quarterly | 2018-12-17 |
2018-08-31 | $0.16 | quarterly | 2018-09-17 |
2018-05-31 | $0.16 | quarterly | 2018-06-15 |
2018-02-28 | $0.16 | quarterly | 2018-03-15 |
2017-11-30 | $0.16 | quarterly | 2017-12-15 |
2017-08-30 | $0.16 | quarterly | 2017-09-15 |
2017-05-30 | $0.16 | quarterly | 2017-06-15 |
2017-02-27 | $0.16 | quarterly | 2017-03-15 |
2016-11-29 | $0.16 | quarterly | 2016-12-15 |
2016-08-30 | $0.16 | quarterly | 2016-09-15 |
2016-05-27 | $0.16 | quarterly | 2016-06-15 |
2016-02-26 | $0.16 | quarterly | 2016-03-15 |
2015-11-27 | $0.16 | quarterly | 2015-12-15 |
2015-08-28 | $0.16 | quarterly | 2015-09-15 |
2015-05-28 | $0.16 | quarterly | 2015-06-15 |
2015-02-26 | $0.16 | quarterly | 2015-03-16 |
2014-11-26 | $0.16 | quarterly | 2014-12-15 |
2014-08-28 | $0.16 | quarterly | 2014-09-15 |
2014-05-29 | $0.16 | quarterly | 2014-06-16 |
2014-02-27 | $0.16 | quarterly | 2014-03-17 |
2013-11-27 | $0.16 | quarterly | 2013-12-16 |
2013-08-29 | $0.16 | quarterly | 2013-09-16 |
2013-05-30 | $0.16 | quarterly | 2013-06-17 |
2013-02-27 | $0.16 | quarterly | 2013-03-15 |
LCNB Dividend per year
LCNB Dividend growth
LCNB Dividend Yield
LCNB current trailing twelve-month (TTM) dividend yield is 4.99%. Interested in purchasing LCNB stock? Use our calculator to estimate your expected dividend yield:
LCNB Financial Ratios
LCNB Dividend FAQ
Other factors to consider when evaluating LCNB as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: LCNB's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, LCNB publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, LCNB distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from LCNB are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: LCNB sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, LCNB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LCNB declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of LCNB's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review LCNB's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.