Lakeland Financial Corporation (NASDAQ:LKFN) Updates On Quarterly Dividend


As per Lakeland Financial Corporation (NASDAQ:LKFN) statement on 2016-07-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.187 per share as dividend to stakeholders. The record date is set as 2016-07-25, the payout date as 2016-08-05 and the ex-dividend date is 2016-07-21.

Last fiscal Lakeland Financial Corporation (NASDAQ:LKFN) disbursed cash dividend of $0.187. A year ago, the payout was $0.187, which indicates a difference of 15.2439%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.187, implying 8.7948% growth.

For the period ended on 2015-12-31, Lakeland Financial Corporation (NASDAQ:LKFN)’s earnings came at $0.51 per share compared to EPS of $0.46 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.51 per share.

The interim price target for Lakeland Financial Corporation (NASDAQ:LKFN) is set at $33.111. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lakeland Financial Corporation (NASDAQ:LKFN) is seen at $34 and the lowest level is established at $32. This broad range highlights a standard deviation of $1.018 in reported estimates.

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