LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, retirement and education savings plans, fixed income, and insurance, as well as alternative investments, such as non-traded real estate investment trusts and auction rate notes. The company also provides advisory platforms that provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities. In addition, it offers money market programs; and retirement solutions for commission-and fee-based services that allow advisors to provide brokerage services, consultation, and advice to retirement plan sponsors. Further, the company provides other services comprising tools and services that enable advisors to maintain and grow their practices; trust, investment management oversight, and custodial services to trusts for estates and families, as well as insurance brokerage general agency services; and technology products, such as proposal generation, investment analytics, and portfolio modeling. The company was formerly known as LPL Investment Holdings Inc. and changed its name to LPL Financial Holdings Inc. in June 2012. LPL Financial Holdings Inc. was founded in 1989 and is based in San Diego, California.
LPL Financial Dividend Announcement
• LPL Financial announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-14
• LPL Financial annual dividend for 2024 was $1.20
• LPL Financial annual dividend for 2023 was $1.20
• LPL Financial's trailing twelve-month (TTM) dividend yield is 0.38%
• LPL Financial's payout ratio for the trailing twelve months (TTM) is 11.17%
• LPL Financial's dividend growth over the last five years (2018-2023) was 3.71% year
• LPL Financial's dividend growth over the last ten years (2013-2023) was 6.32% year
LPL Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.30 | quarterly | 2024-12-02 |
2024-08-09 | $0.30 | quarterly | 2024-08-23 |
2024-05-20 | $0.30 | quarterly | 2024-06-04 |
2024-03-11 | $0.30 | quarterly | 2024-03-26 |
2023-11-08 | $0.30 | quarterly | 2023-11-27 |
2023-08-10 | $0.30 | quarterly | 2023-08-25 |
2023-05-17 | $0.30 | quarterly | 2023-06-01 |
2023-03-13 | $0.30 | quarterly | 2023-03-28 |
2022-11-09 | $0.25 | quarterly | 2022-11-28 |
2022-08-16 | $0.25 | quarterly | 2022-08-31 |
2022-06-08 | $0.25 | quarterly | 2022-06-24 |
2022-03-14 | $0.25 | quarterly | 2022-03-29 |
2021-11-09 | $0.25 | quarterly | 2021-11-29 |
2021-08-12 | $0.25 | quarterly | 2021-08-27 |
2021-05-21 | $0.25 | quarterly | 2021-06-07 |
2021-03-15 | $0.25 | quarterly | 2021-03-30 |
2020-11-10 | $0.25 | quarterly | 2020-11-30 |
2020-08-13 | $0.25 | quarterly | 2020-08-28 |
2020-05-27 | $0.25 | quarterly | 2020-06-12 |
2020-03-17 | $0.25 | quarterly | 2020-03-31 |
2019-11-06 | $0.25 | quarterly | 2019-11-21 |
2019-08-12 | $0.25 | quarterly | 2019-08-23 |
2019-05-17 | $0.25 | quarterly | 2019-06-03 |
2019-03-14 | $0.25 | quarterly | 2019-03-29 |
2018-11-07 | $0.25 | quarterly | 2018-11-26 |
2018-08-08 | $0.25 | quarterly | 2018-08-23 |
2018-05-17 | $0.25 | quarterly | 2018-06-01 |
2018-03-08 | $0.25 | quarterly | 2018-03-23 |
2017-11-08 | $0.25 | quarterly | 2017-11-27 |
2017-08-08 | $0.25 | quarterly | 2017-08-24 |
2017-05-11 | $0.25 | quarterly | 2017-05-25 |
2017-03-08 | $0.25 | quarterly | 2017-03-24 |
2016-11-14 | $0.25 | quarterly | 2016-11-30 |
2016-08-09 | $0.25 | quarterly | 2016-08-25 |
2016-05-18 | $0.25 | quarterly | 2016-05-31 |
2016-03-02 | $0.25 | quarterly | 2016-03-14 |
2015-11-09 | $0.25 | quarterly | 2015-11-24 |
2015-08-13 | $0.25 | quarterly | 2015-08-28 |
2015-05-07 | $0.25 | quarterly | 2015-05-21 |
2015-02-26 | $0.25 | quarterly | 2015-03-16 |
2014-11-06 | $0.24 | quarterly | 2014-11-26 |
2014-08-12 | $0.24 | quarterly | 2014-08-29 |
2014-05-02 | $0.24 | quarterly | 2014-05-20 |
2014-02-20 | $0.24 | quarterly | 2014-03-10 |
2013-11-06 | $0.19 | quarterly | 2013-11-26 |
2013-08-13 | $0.19 | quarterly | 2013-08-30 |
2013-05-02 | $0.14 | quarterly | 2013-05-20 |
2013-02-13 | $0.14 | quarterly | 2013-03-04 |
LPL Financial Dividend per year
LPL Financial Dividend growth
LPL Financial Dividend Yield
LPL Financial current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing LPL Financial stock? Use our calculator to estimate your expected dividend yield:
LPL Financial Financial Ratios
LPL Financial Dividend FAQ
Other factors to consider when evaluating LPL 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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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.
1. Determination of Dividend: LPL 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, LPL 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, LPL 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 LPL 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: LPL 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, LPL 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: LPL 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 LPL 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 LPL 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.