08-31-2023
| USD/share | |
| Price | 230.59 |
| Dividend | 1.20 |
| Earnings | 11.89 |
| Cash-flow | 24.79 |
| Book value | 27.78 |
| Equity | 24.47 |
LPL Financial Holdin is part of Financial Services business, which is part of Financials industry. LPL Financial Holdin is a company from USA, and his stocks are publicly traded.
LPL Financial Holdin stock dividend
LPL Financial Holdin paid a total dividend of 94 million USD last year, for a market value of 17,986 millions (Market Cap 17,950 millions). LPL Financial Holdin dividend per share is 1.20 USD, and his stock market price 230.59 USD.
According to the chart below, where dividend yield is displayed, LPL Financial Holdin has a dividend yield of 0.52%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare LPL Financial Holdin stocks dividend with other Financial Services companies or other of the best USA dividend stocks list.
LPL Financial Holdin Dividend Payout
About the ability of LPL Financial Holdin to maintain his current dividend of USD 1.20 per share, an amount that accounts for 0.52%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LPL Financial Holdin payout on ernings is currently 10.09%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that LPL Financial Holdincan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of LPL Financial Holdin is USD 24.79 per share, which is higher than the dividend per share paid by the company of USD 1.20, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of LPL Financial Holdin, compared againt world market average, USA companies, Financials industry and Financial Services sector companies.
LPL Financial Holdin Stock performance
Finally, last moth LPL Financial Holdin showed a return of 0.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 4.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Financial Services firms.
