Live Oak Bancshares, Inc.
LOBFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
0.34%
Annual Dividend
$0.12
Payout Ratio
4%
5-Yr Growth
0.0%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Key facts about LOB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Live Oak Bancshares, Inc. (LOB) has a forward dividend yield of 0.34%, based on an annual dividend of $0.12 per share and a share price of $34.91.
- As of Oct 18, 2026, LOB's dividend safety grade from SmarterDividends is A (87 out of 100), which rates the dividend as very safe.
- LOB has never cut its regular dividend in the payment history SmarterDividends has on record.
- LOB's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.0300 per share.
- As of Oct 18, 2026, LOB pays out 4% of its trailing 12-month earnings as dividends (its payout ratio).
- LOB's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, LOB's 0.34% yield is 10% above its five-year average yield of 0.31%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for LOB is $74.46 per share, 113% above the $34.91 share price, so LOB screens as undervalued.
- Live Oak Bancshares, Inc. (LOB) pays its dividend quarterly, 4 times a year.
- Live Oak Bancshares, Inc. (LOB) has raised its regular dividend 2 times and cut it 0 times across the 45 payments on record since 2015. Its most recent change was a 50.0% increase to $0.0300 per share, going ex-dividend on Aug 17, 2017.
Cite this page
SmarterDividends, "LOB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/LOB
Summary
As of Oct 18, 2026, Live Oak Bancshares, Inc. (LOB) yields 0.34% ($0.12 a year per share) and has a dividend safety grade of A (87/100).
Is LOB a good dividend stock?
YesLive Oak Bancshares, Inc. (LOB) pays a quarterly dividend yielding 0.34% ($0.12/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 (4%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 0.34%
- Payout Ratio
- 4%
- Annual Dividend
- $0.12
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.94
- Market Cap
- $1.6B
- P/E Ratio
- 12.2
- 5-Yr Total Return
- -61%
- 52-Week Range
- $29.36 – $44.53
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
LOB dividend raises and cuts
Live Oak Bancshares, Inc. (LOB) has raised its regular dividend 2 times and cut it 0 times across the 45 payments on record since 2015. Its most recent change was a 50.0% increase to $0.0300 per share, going ex-dividend on Aug 17, 2017.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 17, 2017 | Raise | $0.0200 → $0.0300 | +50.0% |
| Aug 30, 2016 | Raise | $0.0100 → $0.0200 | +100.0% |
Frequently Asked Questions
Is LOB a good dividend stock?
Yes. Live Oak Bancshares, Inc. (LOB) pays a quarterly dividend yielding 0.34% ($0.12/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 LOB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LOB's fair value is about $74.46 versus a $34.91 share price — so it looks undervalued (+113% vs. fair value).
Is LOB's dividend safe?
LOB has a dividend-safety grade of A (87/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LOB's fair value?
Our blended fair-value estimate for LOB is about $74.46 per share, roughly 113% above the current $34.91 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LOB a buy, hold, or sell?
We don't issue formal ratings, but on the data LOB screens as "yes" and undervalued. Live Oak Bancshares, Inc. (LOB) pays a quarterly dividend yielding 0.34% ($0.12/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 LOB cut its dividend?
LOB earns a dividend-safety grade of A (87/100), 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 LOB pay a dividend?
Yes. Live Oak Bancshares, Inc. pays a quarterly dividend of about $0.12 per share annually, a forward yield of roughly 0.34%.
What is LOB's dividend yield?
As of Oct 18, 2026, LOB's forward dividend yield is 0.34%, based on a $0.12 annual dividend and a $34.91 share price.
What is LOB's dividend per share?
As of Oct 18, 2026, LOB pays $0.12 per share per year, distributed on a quarterly basis.
What is LOB's dividend payout ratio?
As of Oct 18, 2026, LOB's payout ratio is 4% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LOB grown its dividend?
LOB does not currently have a long dividend-growth streak on record.
When is the next LOB ex-dividend date?
As of Oct 18, 2026, LOB's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.0300 per share.
LOB Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
+4%
5 Years
-61%
52-Week Range
$29.36 – $44.53
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LOB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Live Oak Bancshares, Inc. is $74.46 per share, versus a market price of $34.91. That implies 113% of upside — a margin of safety of about 53%.
Fair Value
$74.46
Current Price
$34.91
Upside
+113%
Margin of Safety
53%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 12.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.85 EPS, $0.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LOB 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 LOB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | Sep 15, 2026 | $0.0300 | regular |
| Jun 2, 2026 | Jun 15, 2026 | $0.0300 | regular |
| Mar 5, 2026 | Mar 15, 2026 | $0.0300 | regular |
| Dec 2, 2025 | Dec 15, 2025 | $0.0300 | regular |
| Sep 2, 2025 | Sep 15, 2025 | $0.0300 | regular |
| Jun 3, 2025 | Jun 17, 2025 | $0.0300 | regular |
| Feb 25, 2025 | Mar 11, 2025 | $0.0300 | regular |
| Dec 2, 2024 | Dec 16, 2024 | $0.0300 | regular |
| Sep 3, 2024 | Sep 17, 2024 | $0.0300 | regular |
| Jun 4, 2024 | Jun 18, 2024 | $0.0300 | regular |
| Feb 26, 2024 | Mar 12, 2024 | $0.0300 | regular |
| Nov 27, 2023 | Dec 12, 2023 | $0.0300 | regular |
| Sep 1, 2023 | Sep 19, 2023 | $0.0300 | regular |
| Jun 6, 2023 | Jun 21, 2023 | $0.0300 | regular |
Income Calculator
At $0.12 / yr per share
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