LCNB Corp. to Pay Dividend of $0.22 per Share on December 15th

LCNB Corp. is set to pay a dividend of $0.22 per share on December 15, with a yield of 5.6%. The company has a long history of paying dividends, with a payout ratio of 53% and a forecasted payout ratio of 50% for the next 3 years. LCNB has grown its distributions at a yearly rate of 3.2% since 2015, but earnings per share have only grown at 2.2% per annum over the past 5 years.