Cash Dividend On The Way From Lakeland Financial (LKFN)

Looking at the universe of stocks we cover at Dividend Channel, on 10/23/13, Lakeland Financial Corp. (LKFN) will trade ex-dividend, for its quarterly dividend of $0.19, payable on 11/5/13. As a percentage of LKFN's recent stock price of $34.81, this dividend works out to approximately 0.55%, so look for shares of Lakeland Financial Corp. to trade 0.55% lower — all else being equal — when LKFN shares open for trading on 10/23/13.

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Below is a dividend history chart for LKFN, showing historical dividends prior to the most recent $0.19 declared by Lakeland Financial Corp.:

LKFN+Dividend+History+Chart

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 2.18% 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:

Lakeland Financial Corp. 200 Day Moving Average Chart

Looking at the chart above, LKFN's low point in its 52 week range is $23.47 per share, with $34.81 as the 52 week high point — that compares with a last trade of $34.81.

In Monday trading, Lakeland Financial Corp. shares are currently up about 0.4% on the day.

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