Lithia Motors, Inc. operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Luxury. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells vehicle body and parts under the Driveway and GreenCars brand names. As of February 18, 2022, the company operated through 278 stores. It also offers its products online through 300 websites. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.
Lithia Motors Dividend Announcement
• Lithia Motors announced a quarterly dividend of $0.53 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-08
• Lithia Motors annual dividend for 2024 was $2.09
• Lithia Motors annual dividend for 2023 was $1.92
• Lithia Motors's trailing twelve-month (TTM) dividend yield is 0.7%
• Lithia Motors's payout ratio for the trailing twelve months (TTM) is 7.02%
• Lithia Motors's dividend growth over the last five years (2018-2023) was 10.99% year
• Lithia Motors's dividend growth over the last ten years (2013-2023) was 17.28% year
Lithia Motors Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.53 | quarterly | 2024-11-15 |
2024-08-09 | $0.53 | quarterly | 2024-08-23 |
2024-05-09 | $0.53 | quarterly | 2024-05-24 |
2024-03-07 | $0.50 | quarterly | 2024-03-22 |
2023-11-09 | $0.50 | quarterly | 2023-11-17 |
2023-08-10 | $0.50 | quarterly | 2023-08-25 |
2023-05-11 | $0.50 | quarterly | 2023-05-26 |
2023-03-09 | $0.42 | quarterly | 2023-03-24 |
2022-11-09 | $0.42 | quarterly | 2022-11-18 |
2022-08-11 | $0.42 | quarterly | 2022-08-26 |
2022-05-12 | $0.42 | quarterly | 2022-05-27 |
2022-03-10 | $0.35 | quarterly | 2022-03-25 |
2021-11-10 | $0.35 | quarterly | 2021-11-19 |
2021-08-12 | $0.35 | quarterly | 2021-08-27 |
2021-05-06 | $0.35 | quarterly | 2021-05-21 |
2021-03-11 | $0.31 | quarterly | 2021-03-26 |
2020-11-12 | $0.31 | quarterly | 2020-11-27 |
2020-08-13 | $0.31 | quarterly | 2020-08-28 |
2020-05-07 | $0.30 | quarterly | 2020-05-22 |
2020-03-12 | $0.30 | quarterly | 2020-03-27 |
2019-11-07 | $0.30 | quarterly | 2019-11-22 |
2019-08-08 | $0.30 | quarterly | 2019-08-23 |
2019-05-09 | $0.30 | quarterly | 2019-05-24 |
2019-03-07 | $0.29 | quarterly | 2019-03-22 |
2018-11-08 | $0.29 | quarterly | 2018-11-23 |
2018-08-14 | $0.29 | quarterly | 2018-08-29 |
2018-05-10 | $0.29 | quarterly | 2018-05-25 |
2018-03-08 | $0.27 | quarterly | 2018-03-23 |
2017-11-09 | $0.27 | quarterly | 2017-11-24 |
2017-08-09 | $0.27 | quarterly | 2017-08-25 |
2017-05-10 | $0.27 | quarterly | 2017-05-26 |
2017-03-08 | $0.25 | quarterly | 2017-03-24 |
2016-11-08 | $0.25 | quarterly | 2016-11-25 |
2016-08-10 | $0.25 | quarterly | 2016-08-26 |
2016-05-11 | $0.25 | quarterly | 2016-05-27 |
2016-03-09 | $0.20 | quarterly | 2016-03-25 |
2015-11-04 | $0.20 | quarterly | 2015-11-20 |
2015-08-05 | $0.20 | quarterly | 2015-08-21 |
2015-05-13 | $0.20 | quarterly | 2015-05-29 |
2015-03-11 | $0.16 | quarterly | 2015-03-27 |
2014-11-19 | $0.16 | quarterly | 2014-12-05 |
2014-08-06 | $0.16 | quarterly | 2014-08-22 |
2014-05-07 | $0.16 | quarterly | 2014-05-23 |
2014-03-05 | $0.13 | quarterly | 2014-03-21 |
2013-11-06 | $0.13 | quarterly | 2013-11-22 |
2013-08-07 | $0.13 | quarterly | 2013-08-23 |
2013-05-08 | $0.13 | quarterly | 2013-05-24 |
Lithia Motors Dividend per year
Lithia Motors Dividend growth
Lithia Motors Dividend Yield
Lithia Motors current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Lithia Motors stock? Use our calculator to estimate your expected dividend yield:
Lithia Motors Financial Ratios
Lithia Motors Dividend FAQ
Other factors to consider when evaluating Lithia Motors 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: Lithia Motors'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, Lithia Motors 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, Lithia Motors 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 Lithia Motors 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: Lithia Motors 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, Lithia Motors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lithia Motors 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 Lithia Motors'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 Lithia Motors'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.