Live Oak Bancshares, Inc. (NASDAQ:LOB) has declared a quarterly dividend of $0.03 per share, payable on March 15th to shareholders of record on March 5th. This translates to an annualized dividend of $0.12 and a yield of approximately 0.3%. The company’s dividend appears sustainable, with a payout ratio of 3.6% and expected future earnings projected to cover it.
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Live Oak Bancshares, Inc. (NASDAQ:LOB) to Issue Quarterly Dividend of $0.03
Live Oak Bancshares, Inc. (NASDAQ:LOB) has declared a quarterly dividend of $0.03 per share, payable on March 15th to shareholders of record on March 5th. This translates to an annualized dividend of $0.12 and a yield of approximately 0.3%. The company’s dividend appears sustainable, with a payout ratio of 3.6% and expected future earnings projected to cover it.