LCNB Corp.
LCNBFinancial Services · Stock · quarterly payer
Forward Yield
4.40%
Annual Dividend
$0.88
Payout Ratio
51%
5-Yr Growth
3.8%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of August 2026, LCNB Corp. (LCNB) yields 4.40% ($0.88 per share annually), with a blended fair-value estimate of $43.42 — +119% upside, so it screens as undervalued. Dividend safety grade: A (96/100).
Is LCNB a good dividend stock?
YesLCNB Corp. (LCNB) pays a quarterly dividend yielding 4.40% ($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
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 4.40%
- Payout Ratio
- 51%
- Annual Dividend
- $0.88
- 5-Yr Avg Growth
- 3.8%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.57
- Market Cap
- $283.2M
- P/E Ratio
- 11.6
- 5-Yr Total Return
- 14%
- 52-Week Range
- $14.31 – $21.32
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
LCNB Price — Last 12 Months
Daily close
Price Return
1 Year
+23%
3 Years
+33%
5 Years
+14%
52-Week Range
$14.31 – $21.32
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LCNB worth?
Undervaluedlow confidenceOur blended fair-value estimate for LCNB Corp. is $43.42 per share, versus a market price of $19.81. That implies 119% of upside — a margin of safety of about 54%.
Fair Value
$43.42
Current Price
$19.81
Upside
+119%
Margin of Safety
54%
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.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.73 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.2200 | regular |
| Mar 2, 2026 | — | $0.2200 | regular |
| Dec 1, 2025 | — | $0.2200 | regular |
| Sep 2, 2025 | — | $0.2200 | regular |
| Jun 2, 2025 | — | $0.2200 | regular |
| Mar 3, 2025 | — | $0.2200 | regular |
| Dec 2, 2024 | — | $0.2200 | regular |
| Sep 3, 2024 | — | $0.2200 | regular |
| Jun 3, 2024 | — | $0.2200 | regular |
| Feb 29, 2024 | — | $0.2200 | regular |
| Nov 30, 2023 | — | $0.2200 | regular |
| Aug 31, 2023 | — | $0.2100 | regular |
| May 31, 2023 | — | $0.2100 | regular |
| Feb 28, 2023 | — | $0.2100 | regular |
Income Calculator
At $0.88 / yr per share
