Dividend Growth of LPL Financial Holdings Inc.(LPLA)

LPL Financial Holdings (LPLA) is having a Dividend Yield of 2.45% with the Annual cash Dividend per share of $1. The last quarter cash dividend per share pay out was $0.25. LPL Financial Holdings has a 5 year average dividend yield of 2.05% and the stock has a Indicated annual dividend of $1. LPL Financial Holdings (LPLA) formally announced its most recent dividend on November 4, 2016 with a Dividend per share of $0.25. The new indicated annual dividend based on announced dividend per share is $1. The dividend yield based on the forward looking indicated annual dividend is 2.45%. LPL Financial Holdings (LPLA) has the most recent dividend payout ratio of 0.47 with a 5-year average payout ratio of 0.36. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.11. The 5 year historical dividend growth of LPL Financial Holdings (LPLA) is at the rate of 19.42% while the R-Squared dividend growth is 0.71. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

LPL Financial Holdings Inc. (NASDAQ:LPLA) witnessed a decline in the market cap on Thursday as its shares dropped 0.91% or 0.37 points. After the session commenced at $40.69, the stock reached the higher end at $40.97 while it hit a low of $40.2. With the volume soaring to 862,412 shares, the last trade was called at $40.39. The company has a 52-week high of $42.86. The company has a market cap of $3,607 million and there are 89,296,584 shares in outstanding. The 52-week low of the share price is $17.3999. Shares of LPL Financial Holdings Inc. rose by 0.42% in the last five trading days and 5.84% for the last 4 weeks. LPL Financial Holdings Inc. is up 7.14% in the last 3-month period. Year-to-Date the stock performance stands at 14.71%.

Currently the company Insiders own 5.7% of LPL Financial Holdings Inc. shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Marco Hellman (director) sold 900,000 shares at 40.00 per share price.On Feb 15, 2017, Mark S Casady (director) sold 632,324 shares at 40.75 per share price.On Mar 8, 2016, Jeffrey R. Buchheister (EVP, Chief Accounting Officer) purchased 100 shares at 16.40 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.LPL Financial Holdings Inc was Upgraded by Goldman to Neutral on Jan 10, 2017.

LPL Financial Holdings Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.39. The company had revenue of $1007.46 million for the quarter, compared to analysts expectations of $983.97 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 EPS.

LPL Financial Holdings Inc. is engaged in providing an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, general securities, alternative investments, retirement plans, fixed income, and insurance offerings. LPL Financial Holdings Inc., formerly known as LPL Investment Holdings Inc., is based in Boston, Massachusetts.


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