LCNB Corp.
LCNBFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
4.65%
Annual Dividend
$0.88
Payout Ratio
51%
5-Yr Growth
3.8%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Key facts about LCNB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, LCNB Corp. (LCNB) has a forward dividend yield of 4.65%, based on an annual dividend of $0.88 per share and a share price of $18.88.
- As of Oct 18, 2026, LCNB's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- LCNB has never cut its regular dividend in the payment history SmarterDividends has on record.
- LCNB's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.22 per share.
- As of Oct 18, 2026, LCNB pays out 51% of its trailing 12-month earnings as dividends (its payout ratio).
- LCNB's dividend has grown at an average rate of 3.8% a year over the past five years.
- As of Oct 18, 2026, LCNB's 4.65% yield is 11% below its five-year average yield of 5.24%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for LCNB is $25.90 per share, 37% above the $18.88 share price, so LCNB screens as undervalued.
- LCNB Corp. (LCNB) pays its dividend quarterly, 4 times a year.
- LCNB Corp. (LCNB) has raised its regular dividend 14 times and cut it 0 times across the 103 payments on record since 2000. Its most recent change was a 4.8% increase to $0.220 per share, going ex-dividend on Nov 30, 2023.
Cite this page
SmarterDividends, "LCNB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/LCNB
Summary
As of Oct 18, 2026, LCNB Corp. (LCNB) yields 4.65% ($0.88 a year per share) and has a dividend safety grade of A (97/100).
Is LCNB a good dividend stock?
YesLCNB Corp. (LCNB) pays a quarterly dividend yielding 4.65% ($0.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (51%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.65%
- Payout Ratio
- 51%
- Annual Dividend
- $0.88
- 5-Yr Avg Growth
- 3.8%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.58
- Market Cap
- $269.1M
- P/E Ratio
- 10.8
- 5-Yr Total Return
- -1%
- 52-Week Range
- $14.65 – $21.32
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
LCNB dividend raises and cuts
LCNB Corp. (LCNB) has raised its regular dividend 14 times and cut it 0 times across the 103 payments on record since 2000. Its most recent change was a 4.8% increase to $0.220 per share, going ex-dividend on Nov 30, 2023.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 30, 2023 | Raise | $0.210 → $0.220 | +4.8% |
| Nov 30, 2022 | Raise | $0.200 → $0.210 | +5.0% |
| Nov 30, 2021 | Raise | $0.190 → $0.200 | +5.3% |
| Nov 30, 2020 | Raise | $0.180 → $0.190 | +5.6% |
| Nov 29, 2019 | Raise | $0.170 → $0.180 | +5.9% |
| Nov 30, 2018 | Raise | $0.160 → $0.170 | +6.3% |
| Feb 28, 2008 | Raise | $0.155 → $0.160 | +3.2% |
| Feb 27, 2007 | Raise | $0.150 → $0.155 | +3.3% |
| Feb 27, 2006 | Raise | $0.145 → $0.150 | +3.4% |
| Feb 25, 2005 | Raise | $0.140 → $0.145 | +3.6% |
| May 27, 2004 | Raise | $0.138 → $0.140 | +1.8% |
| Nov 26, 2003 | Raise | $0.131 → $0.138 | +4.8% |
Show all 14 changes since 2001
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 27, 2002 | Raise | $0.125 → $0.131 | +5.0% |
| Nov 28, 2001 | Raise | $0.113 → $0.125 | +11.1% |
Frequently Asked Questions
Is LCNB a good dividend stock?
Yes. LCNB Corp. (LCNB) pays a quarterly dividend yielding 4.65% ($0.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is LCNB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LCNB's fair value is about $25.90 versus a $18.88 share price — so it looks undervalued (+37% vs. fair value).
Is LCNB's dividend safe?
LCNB has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LCNB's fair value?
Our blended fair-value estimate for LCNB is about $25.90 per share, roughly 37% above the current $18.88 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LCNB a buy, hold, or sell?
We don't issue formal ratings, but on the data LCNB screens as "yes" and undervalued. LCNB Corp. (LCNB) pays a quarterly dividend yielding 4.65% ($0.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will LCNB cut its dividend?
LCNB earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LCNB pay a dividend?
Yes. LCNB Corp. pays a quarterly dividend of about $0.88 per share annually, a forward yield of roughly 4.65%.
What is LCNB's dividend yield?
As of Oct 18, 2026, LCNB's forward dividend yield is 4.65%, based on a $0.88 annual dividend and a $18.88 share price.
What is LCNB's dividend per share?
As of Oct 18, 2026, LCNB pays $0.88 per share per year, distributed on a quarterly basis.
What is LCNB's dividend payout ratio?
As of Oct 18, 2026, LCNB's payout ratio is 51% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LCNB grown its dividend?
LCNB does not currently have a long dividend-growth streak on record.
When is the next LCNB ex-dividend date?
As of Oct 18, 2026, LCNB's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.22 per share.
LCNB Price — Last 12 Months
Daily close
Price Return
1 Year
+19%
3 Years
+30%
5 Years
-1%
52-Week Range
$14.65 – $21.32
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LCNB worth?
Undervaluedmedium confidenceOur blended fair-value estimate for LCNB Corp. is $25.90 per share, versus a market price of $18.88. That implies 37% of upside — a margin of safety of about 27%.
Fair Value
$25.90
Current Price
$18.88
Upside
+37%
Margin of Safety
27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 6.0% growth for five years fading to 2.5% over the next five, $1.75 EPS, $0.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LCNB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full LCNB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | Sep 15, 2026 | $0.2200 | regular |
| Jun 1, 2026 | Jun 15, 2026 | $0.2200 | regular |
| Mar 2, 2026 | Mar 16, 2026 | $0.2200 | regular |
| Dec 1, 2025 | Dec 15, 2025 | $0.2200 | regular |
| Sep 2, 2025 | Sep 16, 2025 | $0.2200 | regular |
| Jun 2, 2025 | Jun 16, 2025 | $0.2200 | regular |
| Mar 3, 2025 | Mar 17, 2025 | $0.2200 | regular |
| Dec 2, 2024 | Dec 16, 2024 | $0.2200 | regular |
| Sep 3, 2024 | Sep 16, 2024 | $0.2200 | regular |
| Jun 3, 2024 | Jun 17, 2024 | $0.2200 | regular |
| Feb 29, 2024 | Mar 15, 2024 | $0.2200 | regular |
| Nov 30, 2023 | Dec 15, 2023 | $0.2200 | regular |
| Aug 31, 2023 | Sep 15, 2023 | $0.2100 | regular |
| May 31, 2023 | Jun 15, 2023 | $0.2100 | regular |
Income Calculator
At $0.88 / yr per share
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