Looking at the universe of stocks we cover at Dividend Channel, on 4/23/13, Lakeland Financial Corp. (LKFN) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 5/6/13. As a percentage of LKFN's recent stock price of $25.50, this dividend works out to approximately 0.75%, so look for shares of Lakeland Financial Corp. to trade 0.75% lower — all else being equal — when LKFN shares open for trading on 4/23/13.
Below is a dividend history chart for LKFN, showing historical dividends prior to the most recent $0.19 declared by Lakeland Financial Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LKFN is likely to continue, and whether the current estimated yield of 2.98% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LKFN shares, versus its 200 day moving average:Looking at the chart above, LKFN's low point in its 52 week range is $23.47 per share, with $28.82 as the 52 week high point — that compares with a last trade of $25.50.
In Friday trading, Lakeland Financial Corp. shares are currently up about 0.4% on the day.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts