Lakeland Financial Corp (LKFN)
Lakeland Financial Corporation (LKFN) is a regional bank holding company based in Indiana. It operates through its subsidiary, Lake City Bank, offering a range of banking services including commercial and personal banking, mortgage lending, and wealth management. Founded in 1997, Lakeland Financial has a strong presence in northern Indiana and focuses on serving small to mid-sized businesses and individual customers.
Dividend History
Investors can expect a dividend payout of $0.50 per share, scheduled to be distributed in 13 days on November 5, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 5, 2025 | $0.50 | 2025-10-24 | 2025-10-25 |
| August 5, 2025 | $0.50 | 2025-07-25 | 2025-07-25 |
| May 5, 2025 | $0.50 | 2025-04-25 | 2025-04-25 |
| February 5, 2025 | $0.50 | 2025-01-24 | 2025-01-25 |
| November 5, 2024 | $0.48 | 2024-10-25 | 2024-10-25 |
Dividends Summary
- Lakeland Financial Corp has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 79 days ago, on August 5, 2025
- The highest dividend payed out to investors during this period was $0.50 per share
- The average dividend paid during this period was $0.26 per share.
Company News
Lake City Bank expanded its presence by opening its 55th branch in downtown Westfield, Indiana, located at 170 Jersey St. as part of The Union at Grand Junction development. The bank is also a financing partner for the mixed-use project.
Lake City Bank has acquired a property at 6388 Mills Drive in Whitestown, Indiana, with plans to renovate and convert the building into a full-service branch expected to open in 2026, expanding its presence in Boone County.
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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