Live Oak Bancshares Inc (LOB) Dividend History

Live Oak Bank is a direct bank headquartered in Wilmington, North Carolina. It is a subsidiary of Live Oak Bancshares, Inc., a bank holding company. The bank specializes in originating business loans that are guaranteed by the Small Business Administration to companies in 16 specific industries. Along with Wells Fargo and Newtek Business Services, it is one of the largest originators of loans guaranteed by the SBA. The company typically sells 90% of its loans, including the portion guaranteed by the SBA. The company does not have any branches but has offices in North Carolina, Florida, Georgia, and California. The bank was founded in February 2008 by James S. Mahan III, who also founded Cardinal Bank and S1 Corporation. At first, the bank lent only to veterinarians.

Last update 03/02/2021


Dividend Yield Summary

  2016 2017 2018 2019 2020 2021
Dividends 0.07 0.10 0.12 0.12 0.12 -
Average Price 14.84 23.17 26.25 17.09 22.25 46.20
Yield 0.47% 0.43% 0.46% 0.70% 0.54% -
• The above Dividend, Average Price, and Yield values for 2021 are year-to-date.

Dividend Dates

Ex Dividend Date 2020-11-30
Dividend Pay Date

DivInfo Metrics ™

52-Week Projected Earnings Per Share 0.89
52-Week Projected Dividends Per Share 0.09
Dividend Cover 9.89 : 1
52-Week Projected Yield 0.18%
52-Week Trailing Yield 0.34%
6-Year Average Yield 0.35%
6-Year Dividend Change 28.57%
6-Year Yearly Dividend Change 4.76%
Number of Dividend Payments (2015-12-28 - 2020-11-30) 21

Dividend History

Date Amount Per Share Note
2020-11-30 $0.03
2020-09-04 $0.03
2020-05-22 $0.03
2020-02-24 $0.03
2019-12-02 $0.03
2019-09-09 $0.03
2019-05-24 $0.03
2019-02-25 $0.03
2018-11-30 $0.03
2018-09-10 $0.03
2018-05-25 $0.03
2018-02-23 $0.03
2017-11-10 $0.03
2017-08-17 $0.03
2017-05-19 $0.02
2017-03-08 $0.02
2016-12-12 $0.02
2016-08-30 $0.02
2016-06-03 $0.01
2016-02-26 $0.02
2015-12-28 $0.01