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Lumbee Guaranty Bank provides various community banking services. The company offers personal and business checking and savings accounts; personal certificates of deposit and individual retirement accounts; and business investment accounts. It also provides mortgage, auto, personal, and business loans, as well as lines of credit; personal convenience and business services. In addition, the company offers online, bill pay, mobile, and telephone banking services. It operates fourteen branch offices in Robeson, Cumberland, and Hoke counties in North Carolina. The company was formerly known as Lumbee Bank and changed its name to Lumbee Guaranty Bank in 1991. Lumbee Guaranty Bank was incorporated in 1971 and is based in Pembroke, North Carolina.

Lumbee Guaranty Bank Dividend Announcement

Lumbee Guaranty Bank announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-07
Lumbee Guaranty Bank annual dividend for 2024 was $0.16
Lumbee Guaranty Bank annual dividend for 2023 was $0.31
Lumbee Guaranty Bank's trailing twelve-month (TTM) dividend yield is 2.56%

Lumbee Guaranty Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07$0.16semi annually2024-06-21
2023-12-07$0.16semi annually2023-12-18
2023-06-08$0.15semi annually2023-06-23
2022-12-08$0.15semi annually2022-12-20
2022-06-09$0.13semi annually2022-06-22
2021-12-06$0.13semi annually2021-12-17
2021-06-10$0.12semi annually2021-06-24

Lumbee Guaranty Bank Dividend per year

Lumbee Guaranty Bank Dividend growth

Lumbee Guaranty Bank Dividend Yield

Lumbee Guaranty Bank current trailing twelve-month (TTM) dividend yield is 2.56%. Interested in purchasing Lumbee Guaranty Bank stock? Use our calculator to estimate your expected dividend yield:

Lumbee Guaranty Bank Financial Ratios

P/E ratio7.61
PEG ratio0.60
P/B ratio0.95
ROE13.18%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Lumbee Guaranty Bank Dividend FAQ

How much is the next Lumbee Guaranty Bank dividend?
Lumbee Guaranty Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lumbee Guaranty Bank dividend. The next Lumbee Guaranty Bank dividend will be released in June, or December.
When is Lumbee Guaranty Bank dividend paid?
Lumbee Guaranty Bank pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and December. 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 Lumbee Guaranty Bank pay?
The specific amount of Lumbee Guaranty Bank 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 Lumbee Guaranty Bank's dividend history.
Does Lumbee Guaranty Bank stock pay dividends?
Yes, Lumbee Guaranty Bank 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 Lumbee Guaranty Bank's dividend history.
How much dividend does Lumbee Guaranty Bank pay?
Lumbee Guaranty Bank paid $0.16 in 2024, $0.31 in 2023, $0.28 in 2022, $0.25 in 2021, and $0.0 in 2020.
How often does Lumbee Guaranty Bank pay dividends?
Lumbee Guaranty Bank typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and December.
What is Lumbee Guaranty Bank's dividend yield?
The current dividend yield for Lumbee Guaranty Bank is 2.56%. 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 Lumbee Guaranty Bank's exact dividend yield.
When does Lumbee Guaranty Bank go ex dividend?
Lumbee Guaranty Bank's ex-dividend date for the latest dividend was on 2024-06-07. Lumbee Guaranty Bank 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 Lumbee Guaranty Bank dividend paid?
Lumbee Guaranty Bank pays dividends on a semi annually basis, typically around June, or December, but the exact dates can vary each year.
Will Lumbee Guaranty Bank 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 Lumbee Guaranty Bank 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 Lumbee Guaranty Bank dividend per share?
Lumbee Guaranty Bank paid $0.16 per share in 2024 and $0.31 per share in 2023. The amount of dividend per share that Lumbee Guaranty Bank 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 Lumbee Guaranty Bank 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 Lumbee Guaranty Bank 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 Lumbee Guaranty Bank a dividend stock?
Yes, Lumbee Guaranty Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lumbee Guaranty Bank a good dividend stock?
Whether Lumbee Guaranty Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lumbee Guaranty Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lumbee Guaranty Bank 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 Lumbee Guaranty Bank pay dividends monthly?
Lumbee Guaranty Bank typically pays dividends on a semi annually basis.
Does Lumbee Guaranty Bank pay dividends quarterly?
Lumbee Guaranty Bank currently pays dividends on a semi annually basis.
Has Lumbee Guaranty Bank ever paid a dividend?
Yes, Lumbee Guaranty Bank has a history of paying dividends to its shareholders. Lumbee Guaranty Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lumbee Guaranty Bank dividend stocks?
To buy Lumbee Guaranty Bank 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 Lumbee Guaranty Bank 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 Lumbee Guaranty Bank pay dividends 2024?
Lumbee Guaranty Bank pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-21. 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 Lumbee Guaranty Bank increase its dividend in 2024?
Decisions regarding Lumbee Guaranty Bank 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 Lumbee Guaranty Bank dividend overview you can look into the above table of dividend history.
How Lumbee Guaranty Bank dividend works?
The Lumbee Guaranty Bank 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 Lumbee Guaranty Bank's dividend process works:

1. Determination of Dividend: Lumbee Guaranty Bank'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, Lumbee Guaranty Bank 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, Lumbee Guaranty Bank 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 Lumbee Guaranty Bank 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 Lumbee Guaranty Bank dividends paid?
Lumbee Guaranty Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lumbee Guaranty Bank 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, Lumbee Guaranty Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Lumbee Guaranty Bank 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 Lumbee Guaranty Bank pay dividends?
Lumbee Guaranty Bank typically pays dividends on a semi annually 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 Lumbee Guaranty Bank pay dividends?
The general pattern is that Lumbee Guaranty Bank pays dividends around June, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lumbee Guaranty Bank dividend safe?
The safety of Lumbee Guaranty Bank'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 Lumbee Guaranty Bank'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 Lumbee Guaranty Bank'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.