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 2024-09-16. Ex dividend date: 2024-09-03
• LCNB annual dividend for 2024 was $0.66
• LCNB annual dividend for 2023 was $0.85
• LCNB's trailing twelve-month (TTM) dividend yield is 6.82%
• LCNB's payout ratio for the trailing twelve months (TTM) is 157.72%
• 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 |
|---|---|---|---|
| 2024-09-03 | $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 6.82%. Interested in purchasing LCNB stock? Use our calculator to estimate your expected dividend yield:
LCNB Financial Ratios
P/E ratio32.12
PEG ratio-7.90
P/B ratio0.90
ROE2.93%
Payout ratio157.72%
Current ratio0.11
Quick ratio0.11
Cash Ratio0.00
LCNB Dividend FAQ
How much is the next LCNB dividend?
LCNB's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next LCNB dividend. The next LCNB dividend will be released in February, May, August, or November.
When is LCNB dividend paid?
LCNB pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does LCNB pay?
The specific amount of LCNB dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LCNB's dividend history.
Does LCNB stock pay dividends?
Yes, LCNB does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LCNB's dividend history.
How much dividend does LCNB pay?
LCNB paid $0.66 in 2024, $0.85 in 2023, $0.81 in 2022, $0.77 in 2021, and $0.73 in 2020.
How often does LCNB pay dividends?
LCNB typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is LCNB's dividend yield?
The current dividend yield for LCNB is 6.82%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate LCNB's exact dividend yield.
When does LCNB go ex dividend?
LCNB's ex-dividend date for the latest dividend was on 2024-09-03. LCNB typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next LCNB dividend paid?
LCNB pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will LCNB increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether LCNB will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is LCNB dividend per share?
LCNB paid $0.66 per share in 2024 and $0.85 per share in 2023. The amount of dividend per share that LCNB pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is LCNB a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is LCNB a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is LCNB a dividend stock?
Yes, LCNB is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is LCNB a good dividend stock?
Whether LCNB is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. LCNB has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does LCNB pay dividends monthly?
LCNB typically pays dividends on a quarterly basis.
Does LCNB pay dividends quarterly?
LCNB currently pays dividends on a quarterly basis.
Has LCNB ever paid a dividend?
Yes, LCNB has a history of paying dividends to its shareholders. LCNB is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy LCNB dividend stocks?
To buy LCNB you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy LCNB stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy LCNB stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does LCNB pay dividends 2024?
LCNB pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will LCNB increase its dividend in 2024?
Decisions regarding LCNB dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date LCNB dividend overview you can look into the above table of dividend history.
How LCNB dividend works?
The LCNB dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how LCNB's dividend process works:
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. 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.
How are LCNB dividends paid?
LCNB dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does LCNB pay dividends?
LCNB typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does LCNB pay dividends?
The general pattern is that LCNB pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is LCNB dividend safe?
The safety of LCNB's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.