Is Lakeland Financial Corporation a good dividend stock?

Lakeland Financial Corporation (LKFN) is a dividend-paying stock with a current dividend yield of 3.28%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is LKFN's dividend yield?

The dividend yield for LKFN stock is currently 3.28%.

How much does LKFN pay in dividends per year?

Lakeland Financial Corporation pays an annual dividend of $2.0400 per share over the trailing twelve months.

How often does LKFN pay dividends?

LKFN stock pays dividends quarterly.

Is LKFN's dividend growing?

Lakeland Financial Corporation's 3-year dividend CAGR is 5.85%.

LKFN Stock Price, Chart, Stats & News

Lakeland Financial Corporation

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Overview Dividend safety Dividends Fundamentals

Lakeland Financial Corporation (LKFN) is a dividend-paying stock with a current dividend yield of 3.28% as of Jul 20, 2026. It pays $2.04 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 9.77% 5-year compound annual rate.

1.55B

Market cap

14.58x

Current P/E

20.08x

Forward P/E

3.28%

Dividend yield

$2.04

LKFN dividend

Dividend safety

Strong

Dividend coverage looks healthy — LKFN pays out about 48% of earnings.

See the safety analysis

LKFN chart

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Fundamentals

Gross margin	60.99%
Operating margin	29.78%
Pretax margin	29.78%
Net margin	24.51%
Effective tax rate	17.70%
ROA	1.48%
ROE	14.19%
D/E	0.24x
Interest coverage ratio	0.82x

All financials

LKFN valuation

P/E	14.58x
P/S	3.39x
P/B	1.90x
P/CF	12.60x
P/FCF	13.76x
P/OCF	12.60x
PEG	2.31x
EV multiple	9.98x

About

Lakeland Financial Corporation serves as the parent organization for Lake City Bank, offering a broad spectrum of banking and financial solutions. The company manages various deposit accounts, including non-interest-bearing and interest-bearing checking, savings, money market, NOW, and demand deposits. Its lending portfolio is diverse, providing commercial and industrial loans, financing for commercial real estate and multi-family residences, agri-business and agricultural loans, and a variety of consumer loans, such as 1-4 family mortgages.