LifeStore Financial Group, Inc. operates as a federally chartered thrift holding company for LifeStore Bank that provides personal and business banking products and services in North Carolina. The company offers checking, savings, and money market accounts, as well as certificates of deposit; mortgage loans, automobile loans, home equity lines of credit, commercial real estate loans, commercial construction loans, investment property loans, equipment loans, working capital loans/lines of credit, and small business administration loans; and credit cards. It also provides insurance agency products and services; investment and cash management services; and online and mobile banking services. The company was formerly known as AF Financial Group and changed its name to LifeStore Financial Group, Inc. in September 2009. LifeStore Financial Group, Inc. was founded in 1939 and is headquartered in West Jefferson, North Carolina. Lifestore Financial Group, Inc. is a subsidiary of AsheCo MHC, Inc.
Lifestore Financial Dividend Announcement
• Lifestore Financial announced a annually dividend of $0.60 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-09-30
• Lifestore Financial annual dividend for 2024 was $0.60
• Lifestore Financial annual dividend for 2023 was $0.55
• Lifestore Financial's trailing twelve-month (TTM) dividend yield is 1.48%
• Lifestore Financial's dividend growth over the last five years (2018-2023) was 17.08% year
Lifestore Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.60 | annually | 2024-10-16 |
2023-10-18 | $0.55 | annually | 2023-10-31 |
2022-10-17 | $0.50 | annually | 2022-10-28 |
2021-10-07 | $0.40 | annually | 2021-10-22 |
2020-09-29 | $0.29 | annually | 2020-10-20 |
2019-09-27 | $0.28 | annually | 2019-10-18 |
2018-09-27 | $0.25 | annually | 2018-10-16 |
2009-12-30 | $0.05 | annually | 2010-01-18 |
2009-10-07 | $0.05 | annually | |
2009-06-30 | $0.05 | annually | |
2009-04-01 | $0.05 | annually | |
2009-01-20 | $0.05 | annually | |
2008-10-20 | $0.05 | annually | |
2008-07-18 | $0.05 | annually | |
2008-01-02 | $0.05 | annually | |
2007-11-05 | $0.05 | annually | |
2007-07-12 | $0.05 | annually | |
2007-04-18 | $0.05 | annually | |
2007-01-04 | $0.05 | annually | |
2006-10-04 | $0.05 | annually | |
2006-07-05 | $0.05 | annually | |
2006-04-05 | $0.05 | annually | |
2005-12-28 | $0.05 | annually | |
2005-10-05 | $0.05 | annually | |
2005-06-27 | $0.05 | annually | |
2005-03-31 | $0.05 | annually |
Lifestore Financial Dividend per year
Lifestore Financial Dividend growth
Lifestore Financial Dividend Yield
Lifestore Financial current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing Lifestore Financial stock? Use our calculator to estimate your expected dividend yield:
Lifestore Financial Financial Ratios
Lifestore Financial Dividend FAQ
Other factors to consider when evaluating Lifestore Financial 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: Lifestore Financial'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, Lifestore Financial 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, Lifestore Financial 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 Lifestore Financial 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: Lifestore Financial 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, Lifestore Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lifestore Financial 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 Lifestore Financial'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 Lifestore Financial'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.