Lakeland Financial Raises Quarterly Dividend, Signals Ongoing Confidence

The latest announcement is out from Lakeland Financial ( (LKFN) ).

On January 13, 2026, Lakeland Financial Corporation announced that its board of directors approved a first-quarter 2026 quarterly cash dividend of $0.52 per share, payable on February 5, 2026, to shareholders of record as of January 25, 2026, representing a 4% increase over the $0.50 per share dividend paid in 2025. Management framed the higher payout as a reflection of the company’s strong capital position and long-term disciplined balance sheet strategy, underscoring continued confidence in its financial health and signaling ongoing value returns to shareholders.

The most recent analyst rating on (LKFN) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on Lakeland Financial stock, see the LKFN Stock Forecast page.

Spark’s Take on LKFN Stock

According to Spark, TipRanks’ AI Analyst, LKFN is a Outperform.

Score is driven by strong financial performance (profitability, conservative leverage, and solid growth) but is held back by weak technicals (below key moving averages with negative MACD and depressed RSI/Stoch). Valuation and dividend yield provide support, and recent company updates/dividend actions are modestly positive.

To see Spark’s full report on LKFN stock, click here.

More about Lakeland Financial

Lakeland Financial Corporation is the parent company of Lake City Bank, a $6.9 billion community bank headquartered in Warsaw, Indiana, that was founded in 1872 and serves Central and Northern Indiana through 55 branch offices and a digital banking platform. Lake City Bank focuses on a community banking model that emphasizes long-term, in-market customer relationships while providing technology-forward solutions for both retail and commercial clients.

Average Trading Volume: 154,263

Technical Sentiment Signal: Sell

Current Market Cap: $1.46B

For an in-depth examination of LKFN stock, go to TipRanks’ Overview page.