By the close of today, December 12, 2023, Live Oak Bancshares LOB will issue a dividend payout of $0.03 per share, resulting in an annualized dividend yield of 0.40%. Only those investors who owned the stock prior to the ex-dividend date on November 27, 2023 will receive this payout.
Live Oak Bancshares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-27 | 4 | $0.03 | 0.4% | 2023-11-14 | 2023-11-28 | 2023-12-12 |
| 2023-09-01 | 4 | $0.03 | 0.36% | 2023-08-22 | 2023-09-05 | 2023-09-19 |
| 2023-06-06 | 4 | $0.03 | 0.53% | 2023-05-24 | 2023-06-07 | 2023-06-21 |
| 2023-02-27 | 4 | $0.03 | 0.34% | 2023-02-14 | 2023-02-28 | 2023-03-14 |
| 2022-11-28 | 4 | $0.03 | 0.36% | 2022-11-15 | 2022-11-29 | 2022-12-13 |
| 2022-09-02 | 4 | $0.03 | 0.31% | 2022-08-23 | 2022-09-06 | 2022-09-20 |
| 2022-05-27 | 4 | $0.03 | 0.32% | 2022-05-17 | 2022-05-31 | 2022-06-14 |
| 2022-02-28 | 4 | $0.03 | 0.19% | 2022-02-15 | 2022-03-01 | 2022-03-15 |
| 2021-11-26 | 4 | $0.03 | 0.13% | 2021-11-15 | 2021-11-29 | 2021-12-13 |
| 2021-09-03 | 4 | $0.03 | 0.2% | 2021-08-24 | 2021-09-07 | 2021-09-21 |
| 2021-05-24 | 4 | $0.03 | 0.19% | 2021-05-11 | 2021-05-25 | 2021-06-08 |
| 2021-03-08 | 4 | $0.03 | 0.24% | 2021-02-23 | 2021-03-09 | 2021-03-23 |
Live Oak Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Northwest Bancshares NWBI having the highest annualized dividend yield at 6.80%.
Analyzing Live Oak Bancshares 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 $0.12. 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 Live Oak Bancshares
Investors can observe a growth in earnings for Live Oak Bancshares from 2019 to 2022, as earnings per share increased from $0.56 to $4.54. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we delve into Live Oak Bancshares's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.03 per share today, resulting in an annualized dividend yield of 0.40%.
Live Oak Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Northwest Bancshares having the highest annualized dividend yield at 6.80%.
Even though there has been no change in the dividend per share from 2019 to 2022, the rising earnings per share of Live Oak Bancshares imply a solid financial footing, suggesting the company's ability to consistently reward shareholders with profit distributions.
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.
\To stay up-to-date with the companies that are announcing their 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.
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