Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
Live Oak Bancshares Dividend Announcement
• Live Oak Bancshares announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-09-17. Ex dividend date: 2024-09-03
• Live Oak Bancshares annual dividend for 2024 was $0.09
• Live Oak Bancshares annual dividend for 2023 was $0.12
• Live Oak Bancshares's trailing twelve-month (TTM) dividend yield is 0.37%
• Live Oak Bancshares's payout ratio for the trailing twelve months (TTM) is 8.54%
Live Oak Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | $0.03 | quarterly | 2024-09-17 |
2024-06-04 | $0.03 | quarterly | 2024-06-18 |
2024-02-26 | $0.03 | quarterly | 2024-03-12 |
2023-11-27 | $0.03 | quarterly | 2023-12-12 |
2023-09-01 | $0.03 | quarterly | 2023-09-19 |
2023-06-06 | $0.03 | quarterly | 2023-06-21 |
2023-02-27 | $0.03 | quarterly | 2023-03-14 |
2022-11-28 | $0.03 | quarterly | 2022-12-13 |
2022-09-02 | $0.03 | quarterly | 2022-09-20 |
2022-05-27 | $0.03 | quarterly | 2022-06-14 |
2022-02-28 | $0.03 | quarterly | 2022-03-15 |
2021-11-26 | $0.03 | quarterly | 2021-12-13 |
2021-09-03 | $0.03 | quarterly | 2021-09-21 |
2021-05-24 | $0.03 | quarterly | 2021-06-08 |
2021-03-08 | $0.03 | quarterly | 2021-03-23 |
2020-11-30 | $0.03 | quarterly | 2020-12-15 |
2020-09-04 | $0.03 | quarterly | 2020-09-22 |
2020-05-22 | $0.03 | quarterly | 2020-06-09 |
2020-02-24 | $0.03 | quarterly | 2020-03-10 |
2019-12-02 | $0.03 | quarterly | 2019-12-17 |
2019-09-09 | $0.03 | quarterly | 2019-09-24 |
2019-05-24 | $0.03 | quarterly | 2019-06-11 |
2019-02-25 | $0.03 | quarterly | 2019-03-12 |
2018-11-30 | $0.03 | quarterly | 2018-12-17 |
2018-09-10 | $0.03 | quarterly | 2018-09-25 |
2018-05-25 | $0.03 | quarterly | 2018-06-12 |
2018-02-23 | $0.03 | quarterly | 2018-03-12 |
2017-11-10 | $0.03 | quarterly | 2017-11-27 |
2017-08-17 | $0.03 | quarterly | 2017-09-05 |
2017-05-19 | $0.02 | quarterly | 2017-06-06 |
2017-03-08 | $0.02 | quarterly | 2017-03-24 |
2016-12-12 | $0.02 | quarterly | 2016-12-22 |
2016-08-30 | $0.02 | quarterly | 2016-09-16 |
2016-06-03 | $0.01 | quarterly | 2016-06-21 |
2016-02-26 | $0.02 | quarterly | 2016-03-15 |
2015-12-28 | $0.01 | quarterly | 2016-01-15 |
2015-09-23 | $0.01 | quarterly | 2015-10-09 |
Live Oak Bancshares Dividend per year
Live Oak Bancshares Dividend growth
Live Oak Bancshares Dividend Yield
Live Oak Bancshares current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Live Oak Bancshares stock? Use our calculator to estimate your expected dividend yield:
Live Oak Bancshares Financial Ratios
Live Oak Bancshares Dividend FAQ
Other factors to consider when evaluating Live Oak Bancshares 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: Live Oak Bancshares'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, Live Oak Bancshares 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, Live Oak Bancshares 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 Live Oak Bancshares 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: Live Oak Bancshares 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, Live Oak Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Live Oak Bancshares 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 Live Oak Bancshares'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 Live Oak Bancshares'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.