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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 2024-08-23. Ex dividend date: 2024-08-09
Lithia Motors annual dividend for 2024 was $1.56
Lithia Motors annual dividend for 2023 was $1.92
Lithia Motors's trailing twelve-month (TTM) dividend yield is 0.67%
Lithia Motors's payout ratio for the trailing twelve months (TTM) is 6.53%
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 dateDividend amountDividend typePay date
2024-08-09$0.53quarterly2024-08-23
2024-05-09$0.53quarterly2024-05-24
2024-03-07$0.50quarterly2024-03-22
2023-11-09$0.50quarterly2023-11-17
2023-08-10$0.50quarterly2023-08-25
2023-05-11$0.50quarterly2023-05-26
2023-03-09$0.42quarterly2023-03-24
2022-11-09$0.42quarterly2022-11-18
2022-08-11$0.42quarterly2022-08-26
2022-05-12$0.42quarterly2022-05-27
2022-03-10$0.35quarterly2022-03-25
2021-11-10$0.35quarterly2021-11-19
2021-08-12$0.35quarterly2021-08-27
2021-05-06$0.35quarterly2021-05-21
2021-03-11$0.31quarterly2021-03-26
2020-11-12$0.31quarterly2020-11-27
2020-08-13$0.31quarterly2020-08-28
2020-05-07$0.30quarterly2020-05-22
2020-03-12$0.30quarterly2020-03-27
2019-11-07$0.30quarterly2019-11-22
2019-08-08$0.30quarterly2019-08-23
2019-05-09$0.30quarterly2019-05-24
2019-03-07$0.29quarterly2019-03-22
2018-11-08$0.29quarterly2018-11-23
2018-08-14$0.29quarterly2018-08-29
2018-05-10$0.29quarterly2018-05-25
2018-03-08$0.27quarterly2018-03-23
2017-11-09$0.27quarterly2017-11-24
2017-08-09$0.27quarterly2017-08-25
2017-05-10$0.27quarterly2017-05-26
2017-03-08$0.25quarterly2017-03-24
2016-11-08$0.25quarterly2016-11-25
2016-08-10$0.25quarterly2016-08-26
2016-05-11$0.25quarterly2016-05-27
2016-03-09$0.20quarterly2016-03-25
2015-11-04$0.20quarterly2015-11-20
2015-08-05$0.20quarterly2015-08-21
2015-05-13$0.20quarterly2015-05-29
2015-03-11$0.16quarterly2015-03-27
2014-11-19$0.16quarterly2014-12-05
2014-08-06$0.16quarterly2014-08-22
2014-05-07$0.16quarterly2014-05-23
2014-03-05$0.13quarterly2014-03-21
2013-11-06$0.13quarterly2013-11-22
2013-08-07$0.13quarterly2013-08-23
2013-05-08$0.13quarterly2013-05-24

Lithia Motors Dividend per year

Lithia Motors Dividend growth

Lithia Motors Dividend Yield

Lithia Motors current trailing twelve-month (TTM) dividend yield is 0.67%. Interested in purchasing Lithia Motors stock? Use our calculator to estimate your expected dividend yield:

Lithia Motors Financial Ratios

P/E ratio9.79
PEG ratio0.85
P/B ratio1.31
ROE13.59%
Payout ratio6.53%
Current ratio1.19
Quick ratio0.30
Cash Ratio0.10

Lithia Motors Dividend FAQ

How much is the next Lithia Motors dividend?
Lithia Motors's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lithia Motors dividend. The next Lithia Motors dividend will be released in March, May, August, or November.
When is Lithia Motors dividend paid?
Lithia Motors pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, 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 Lithia Motors pay?
The specific amount of Lithia Motors 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 Lithia Motors's dividend history.
Does Lithia Motors stock pay dividends?
Yes, Lithia Motors 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 Lithia Motors's dividend history.
How much dividend does Lithia Motors pay?
Lithia Motors paid $1.56 in 2024, $1.92 in 2023, $1.61 in 2022, $1.36 in 2021, and $1.22 in 2020.
How often does Lithia Motors pay dividends?
Lithia Motors 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 March, May, August, and November.
What is Lithia Motors's dividend yield?
The current dividend yield for Lithia Motors is 0.67%. 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 Lithia Motors's exact dividend yield.
When does Lithia Motors go ex dividend?
Lithia Motors's ex-dividend date for the latest dividend was on 2024-08-09. Lithia Motors 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 Lithia Motors dividend paid?
Lithia Motors pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Lithia Motors 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 Lithia Motors 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 Lithia Motors dividend per share?
Lithia Motors paid $1.56 per share in 2024 and $1.92 per share in 2023. The amount of dividend per share that Lithia Motors 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 Lithia Motors 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 Lithia Motors 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 Lithia Motors a dividend stock?
Yes, Lithia Motors is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lithia Motors a good dividend stock?
Whether Lithia Motors is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lithia Motors has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Lithia Motors pay dividends monthly?
Lithia Motors typically pays dividends on a quarterly basis.
Does Lithia Motors pay dividends quarterly?
Lithia Motors currently pays dividends on a quarterly basis.
Has Lithia Motors ever paid a dividend?
Yes, Lithia Motors has a history of paying dividends to its shareholders. Lithia Motors is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lithia Motors dividend stocks?
To buy Lithia Motors 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 Lithia Motors 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 Lithia Motors pay dividends 2024?
Lithia Motors pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. 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 Lithia Motors increase its dividend in 2024?
Decisions regarding Lithia Motors 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 Lithia Motors dividend overview you can look into the above table of dividend history.
How Lithia Motors dividend works?
The Lithia Motors 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 Lithia Motors's dividend process works:

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.
How are Lithia Motors dividends paid?
Lithia Motors dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Lithia Motors pay dividends?
Lithia Motors 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 Lithia Motors pay dividends?
The general pattern is that Lithia Motors pays dividends around March, 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 Lithia Motors dividend safe?
The safety of Lithia Motors'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 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.