Lakeland Financial Corporation

Lakeland Financial Corporation

LKFNยทNASDAQ

$58.41

-2.8%
Financial ServicesBanks - Regional

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

At a Glance

Live Snapshot
Market Cap$1.46B
EPS4.0200
P/E Ratio14.53
Earnings Date07/24/2026
0.91%
Dividend Yield
3%
3Y+24.0%
5Y+85.0%
10Y+52.0%
49.88%
Dividend Payout Ratio
16%
3Y+3.0%
5Y+33.0%
10Y+36.0%
3Y+12.0%
5Y+53.0%
10Y+182.0%
Lakeland Financial Corporation

Lakeland Financial Corporation Dividend History

LKFN ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

LKFN Dividend Payment History

LKFN ยท NASDAQ

Total Payments

50

Latest Dividend

$0.5200

Annual Amount

$2.5400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 14, 2026
Apr 25, 2026May 5, 2026
$0.5200
$0.5200
Quarterly0.00%
Jan 13, 2026
Jan 25, 2026Feb 5, 2026
$0.5200
$0.5200
Quarterly+4.00%
Oct 14, 2025
Oct 25, 2025Nov 5, 2025
$0.5000
$0.5000
Quarterly0.00%
Jul 8, 2025
Jul 25, 2025Aug 5, 2025
$0.5000
$0.5000
Quarterly0.00%
Apr 8, 2025
Apr 25, 2025May 5, 2025
$0.5000
$0.5000
Quarterly0.00%
Jan 14, 2025
Jan 25, 2025Feb 5, 2025
$0.5000
$0.5000
Quarterly+4.17%
Oct 8, 2024
Oct 25, 2024Nov 5, 2024
$0.4800
$0.4800
Quarterly0.00%
Jul 9, 2024
Jul 25, 2024Aug 5, 2024
$0.4800
$0.4800
Quarterly0.00%
Apr 9, 2024
Apr 25, 2024May 6, 2024
$0.4800
$0.4800
Quarterly0.00%
Jan 9, 2024
Jan 25, 2024Feb 5, 2024
$0.4800
$0.4800
Quarterly+4.35%
Oct 10, 2023
Oct 25, 2023Nov 6, 2023
$0.4600
$0.4600
Quarterly0.00%
Jul 11, 2023
Jul 25, 2023Aug 7, 2023
$0.4600
$0.4600
Quarterly0.00%
Apr 11, 2023
Apr 25, 2023May 5, 2023
$0.4600
$0.4600
Quarterly0.00%
Jan 10, 2023
Jan 25, 2023Feb 6, 2023
$0.4600
$0.4600
Quarterly+15.00%
Oct 11, 2022
Oct 25, 2022Nov 7, 2022
$0.4000
$0.4000
Quarterly0.00%
Jul 12, 2022
Jul 25, 2022Aug 5, 2022
$0.4000
$0.4000
Quarterly0.00%
Apr 12, 2022
Apr 25, 2022May 5, 2022
$0.4000
$0.4000
Quarterly0.00%
Jan 11, 2022
Jan 25, 2022Feb 7, 2022
$0.4000
$0.4000
Quarterly+17.65%
Oct 12, 2021
Oct 25, 2021Nov 5, 2021
$0.3400
$0.3400
Quarterly0.00%
Jul 13, 2021
Jul 25, 2021Aug 5, 2021
$0.3400
$0.3400
Quarterly0.00%
Apr 13, 2021
Apr 25, 2021May 5, 2021
$0.3400
$0.3400
Quarterly0.00%
Jan 13, 2021
Jan 25, 2021Feb 5, 2021
$0.3400
$0.3400
Quarterly+13.33%
Oct 13, 2020
Oct 25, 2020Nov 5, 2020
$0.3000
$0.3000
Quarterly0.00%
Jul 14, 2020
Jul 25, 2020Aug 5, 2020
$0.3000
$0.3000
Quarterly0.00%
Apr 14, 2020
Apr 25, 2020May 5, 2020
$0.3000
$0.3000
Quarterly0.00%
Jan 14, 2020
Jan 25, 2020Feb 5, 2020
$0.3000
$0.3000
Quarterly0.00%
Oct 8, 2019
Oct 25, 2019Nov 5, 2019
$0.3000
$0.3000
Quarterly0.00%
Jul 9, 2019
Jul 25, 2019Aug 5, 2019
$0.3000
$0.3000
Quarterly0.00%
Apr 9, 2019
Apr 25, 2019May 6, 2019
$0.3000
$0.3000
Quarterly+15.38%
Jan 8, 2019
Jan 25, 2019Feb 5, 2019
$0.2600
$0.2600
Quarterly0.00%
Oct 9, 2018
Oct 25, 2018Nov 5, 2018
$0.2600
$0.2600
Quarterly0.00%
Jul 10, 2018
Jul 25, 2018Aug 6, 2018
$0.2600
$0.2600
Quarterly0.00%
Apr 10, 2018
Apr 25, 2018May 7, 2018
$0.2600
$0.2600
Quarterly+18.18%
Jan 9, 2018
Jan 25, 2018Feb 5, 2018
$0.2200
$0.2200
Quarterly0.00%
Oct 10, 2017
Oct 25, 2017Nov 6, 2017
$0.2200
$0.2200
Quarterly0.00%
Jul 11, 2017
Jul 25, 2017Aug 7, 2017
$0.2200
$0.2200
Quarterly0.00%
Apr 12, 2017
Apr 25, 2017May 5, 2017
$0.2200
$0.2200
Quarterly+15.79%
Jan 10, 2017
Jan 25, 2017Feb 6, 2017
$0.1900
$0.1900
Quarterly0.00%
Oct 11, 2016
Oct 25, 2016Nov 7, 2016
$0.1900
$0.1900
Quarterly+1.60%
Jul 13, 2016
Jul 25, 2016Aug 5, 2016
$0.2800
$0.1870
Quarterly0.00%
Apr 12, 2016
Apr 25, 2016May 5, 2016
$0.2800
$0.1870
Quarterly+14.72%
Jan 12, 2016
Jan 25, 2016Feb 5, 2016
$0.2450
$0.1630
Quarterly0.00%
Oct 13, 2015
Oct 25, 2015Nov 5, 2015
$0.2450
$0.1630
Quarterly0.00%
Jul 14, 2015
Jul 25, 2015Aug 5, 2015
$0.2450
$0.1630
Quarterly0.00%
Apr 15, 2015
Apr 25, 2015May 5, 2015
$0.2450
$0.1630
Quarterly+16.43%
Jan 13, 2015
Jan 25, 2015Feb 5, 2015
$0.2100
$0.1400
Quarterly0.00%
Oct 14, 2014
Oct 25, 2014Nov 5, 2014
$0.2100
$0.1400
Quarterly0.00%
Jul 8, 2014
Jul 25, 2014Aug 5, 2014
$0.2100
$0.1400
Quarterly0.00%
Apr 9, 2014
Apr 25, 2014May 5, 2014
$0.2100
$0.1400
Quarterly+10.24%
Jan 14, 2014
Jan 25, 2014Feb 5, 2014
$0.1900
$0.1270
Quarterly-
lkfn

Lakeland Financial Corporation Payout Ratio Analysis

LKFN ยท NASDAQ
Dividends Paid
-51.43M
2025
Net Income
103.36M
2025
Payout Ratio
49.76%
2025

Dividend Sustainability Analysis

Payout Ratio
49.76%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
49.6%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-4.3%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.