LCNB Corporation (LCNB) To Go Ex-Dividend on June 1st

LCNB Corporation (NASDAQ:LCNB) declared a quarterly dividend on Monday, May 18th. Shareholders of record on Monday, June 1st will be given a dividend of 0.22 per share by the bank on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Monday, June 1st.

LCNB has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 7 years. LCNB has a dividend payout ratio of 53.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect LCNB to earn $1.80 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 48.9%.

LCNB Stock Up 0.9%

LCNB stock opened at $17.04 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average price of $16.28 and a two-hundred day moving average price of $16.53. The company has a market cap of $242.75 million, a price-to-earnings ratio of 10.58 and a beta of 0.57. LCNB has a twelve month low of $13.75 and a twelve month high of $17.89.

LCNB (NASDAQ:LCNB) last posted its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.04). The company had revenue of $23.54 million during the quarter, compared to the consensus estimate of $23.30 million. LCNB had a net margin of 18.50% and a return on equity of 8.48%. Analysts anticipate that LCNB will post 1.67 EPS for the current fiscal year.

LCNB Company Profile

LCNB Financial Corp (NASDAQ: LCNB) is the bank holding company for LCNB National Bank, a community-focused regional bank headquartered in Cincinnati, Ohio. Through its banking subsidiary, LCNB provides a full suite of deposit and lending solutions designed to meet the needs of individual consumers, small businesses, and middle-market commercial clients. The company emphasizes personalized service, offering checking, savings, money market, and certificate of deposit accounts alongside digital and mobile banking platforms.

On the lending side, LCNB National Bank extends a range of credit products, including commercial and industrial loans, real estate and construction financing, agricultural loans, residential mortgages, and consumer lending.