Why Lakeland Financial is a great dividend stock right now.

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Lakeland Financial Intrinsic Value – If you’re looking for a great dividend stock to invest in right now, look no further than Lakeland Financial($NASDAQ:LKFN). Here’s why: The company has a strong history of paying and increasing dividends. The company has a strong financial position, with plenty of cash on hand to continue paying dividends.

Lakeland Financial has a solid track record of earnings growth. The company is well-positioned for continued growth in the future.

Dividends

The company issued a dividend per share of 1.49 USD for FY2022 Q2, and dividends of 1.37 USD and 1.21 USD for the last two years. That gives it a dividend yield of 2.68% for 2020, 2.09% for 2021, and 2.05% for 2022. Its three-year average dividend yield is 2.27%.

Stock Price

Overall, news reports on LAKELAND FINANCIAL have been positive. However, on Tuesday, the stock opened at $76.4 and closed at $74.1, down by 2.6% from the previous closing price of 76.1. It is unclear what caused the stock to drop, but it may be due to broader market conditions.

VI Analysis – Lakeland Financial Intrinsic Value Calculator

A company’s fundamentals reflect its long-term potential. The intrinsic value of a stock is the fair value of the company, based on its financial statements and future prospects. The VI Line is a simple way to calculate the intrinsic value of a stock. The VI Line is based on the company’s earnings power, growth potential, and financial stability.

LAKELAND FINANCIAL’s intrinsic value is around $69.0. The company’s earnings power and growth potential are strong, and its financial stability is good. The stock is currently trading at $74.1, which is slightly overvalued.

Summary

Lakeland Financial is a great dividend stock right now because their stock prices are low and they have a high dividend yield. They have been growing their loans and deposits at a healthy clip. Their loan growth has been driven by their commercial and industrial lending business. They are well-positioned to continue growing their loans and deposits at a healthy pace.