By the close of today, November 27, 2023, LPL Finl Hldgs LPLA will issue a dividend payout of $0.30 per share, resulting in an annualized dividend yield of 0.56%. Only those investors who owned the stock prior to the ex-dividend date on November 08, 2023 will receive this payout.
LPL Finl Hldgs Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-08 | 4 | $0.3 | 0.56% | 2023-10-26 | 2023-11-09 | 2023-11-27 |
| 2023-08-10 | 4 | $0.3 | 0.51% | 2023-07-27 | 2023-08-11 | 2023-08-25 |
| 2023-05-17 | 4 | $0.3 | 0.6% | 2023-04-27 | 2023-05-18 | 2023-06-01 |
| 2023-03-13 | 4 | $0.3 | 0.51% | 2023-02-02 | 2023-03-14 | 2023-03-28 |
| 2022-11-09 | 4 | $0.25 | 0.4% | 2022-10-27 | 2022-11-10 | 2022-11-28 |
| 2022-08-16 | 4 | $0.25 | 0.48% | 2022-08-02 | 2022-08-17 | 2022-08-31 |
| 2022-06-08 | 4 | $0.25 | 0.56% | 2022-05-18 | 2022-06-09 | 2022-06-24 |
| 2022-03-14 | 4 | $0.25 | 0.57% | 2022-02-03 | 2022-03-15 | 2022-03-29 |
| 2021-11-09 | 4 | $0.25 | 0.58% | 2021-10-28 | 2021-11-11 | 2021-11-29 |
| 2021-08-12 | 4 | $0.25 | 0.71% | 2021-07-29 | 2021-08-13 | 2021-08-27 |
| 2021-05-21 | 4 | $0.25 | 0.64% | 2021-05-05 | 2021-05-24 | 2021-06-07 |
| 2021-03-15 | 4 | $0.25 | 0.86% | 2021-02-04 | 2021-03-16 | 2021-03-30 |
LPL Finl Hldgs's dividend yield falls in the middle range when compared to its industry peers, with B. Riley Financial RILY having the highest annualized dividend yield at 19.09%.
Analyzing LPL Finl Hldgs Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $1.00. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
YoY Earnings Growth For LPL Finl Hldgs
The earnings chart above shows that from 2019 to 2022, LPL Finl Hldgs has experienced an increase in their earnings from $6.98 per share to $8.95 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
In this article, we delve into LPL Finl Hldgs's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.30 per share today, resulting in an annualized dividend yield of 0.56%.
LPL Finl Hldgs's dividend yield falls in the middle range when compared to its industry peers, with B. Riley Financial having the highest annualized dividend yield at 19.09%.
Despite maintaining an unchanged dividend per share from 2019 to 2022, the steady increase in earnings per share for LPL Finl Hldgs suggests a strong financial standing and positions the company to continue distributing their profits back to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on LPL Finl Hldgs's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
