DIVIDEND ANNOUNCEMENT: Lakeland Financial Corp (NASDAQ:LKFN) on 01/10/2023 declared a dividend of $0.4600 per share

Lakeland Financial Corp (NASDAQ:LKFN) on 01/10/2023 declared a dividend of $ 0.4600 per share payable on February 06, 2023 to shareholders of record as of January 25, 2023. Dividend amount recorded is an increase of $ 0.06 from last dividend Paid.

Lakeland Financial Corp (NASDAQ:LKFN) has paid dividends since 1994, has a current dividend yield of 2.5555555820% and has increased its dividends for 5 successive years.

Lakeland Financial Corp's market cap is $ 1,825,200,000 and has a PE ratio of 18.09. The stock price closed yesterday at $ 72.00 and has a 52 week low/high of $ 64.05 and $ 85.71.

Lakeland Financial is a bank holding company. Through its subsidiary, Lake City Bank, Co. provides various financial products and services throughout its Northern and Central Indiana markets. Co. provides commercial, retail, trust and investment services to its customers. Commercial products include commercial loans and solutions to meet commercial customers' treasury management needs such as internet business banking and on-line treasury management services. Retail banking clients are provided various retail banking services, including lending, deposit and investment services. Retail lending programs are focused on mortgage loans, home equity lines of credit and retail installment loans.

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