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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): LPL Financial Holdings Inc. (LPLA) pays a $1.20 annual dividend ($0.30 quarterly), yielding 0.37% at $320.96/share. Next ex-dividend date 2026-08-14. 12+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.37%
Annual Dividend: $1.20 per share
Payout Ratio: 9.6%
Ex-Dividend Date: 2026-08-14
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 15
LPL Financial Holdings Inc. dividend sits at $1.20 per share annually, paid to investors who support independent financial advisors across the United States. The current yield is 0.36%, with quarterly payments of $0.30 per share and the next ex-dividend date on August 14, 2026. LPLA operates a broad platform covering brokerage services, fee-based investment advisory, and retirement solutions, giving it exposure to recurring advisor-driven revenue streams. With a beta of 0.538, LPLA stock moves at roughly half the volatility of the broader market, which suits dividend investors who prioritize price steadiness over yield size.
LPL Financial Holdings Inc. pays out 9.6% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves the vast majority of earnings retained, meaning the $1.20 annual dividend is not straining the business at current levels. LPL Financial Holdings Inc. dividend safety is further supported by the company's platform model, which serves independent financial advisors through brokerage, fee-based advisory, and retirement plan services, creating multiple revenue streams rather than dependence on a single product line. The main pressure point is that capital markets businesses are sensitive to interest rate shifts and market downturns, which can compress advisor activity and fee revenue.
LPL Financial Holdings Inc. dividend history shows a CAGR of 2.0% per year from 2014 to 2025. The per-share dividend grew from $0.96 in 2014 to $1.20 in 2025 (2026 is a partial year and excluded from this calculation). Growth was flat for nine consecutive years from 2014 through 2022, then jumped 20.0% in 2023, the largest single-year increase in the window. Since 2023, the dividend has held at $1.20 with no further increase.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.3% | $1.00 (2022) | $1.20 (2025) |
| 5-Year | +3.7% | $1.00 (2020) | $1.20 (2025) |
| 10-Year | +1.8% | $1.00 (2015) | $1.20 (2025) |
LPLA fits dividend investors who want low volatility exposure to the financial services sector and are not relying on the dividend for meaningful income. The yield is low (below 2%), currently at 0.36%, which is below the stock's own 5-year average yield of 0.43%. The payout ratio of 9.6% means the dividend is well-covered, but that same conservatism explains why the yield stays thin. Twelve consecutive years of dividend increases show a commitment to paying and growing the dividend, even if growth has been slow. The trade-off is clear: an investor gets a low-volatility stock with a covered, growing dividend, but accepts a yield that contributes little to income on its own.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-14 | $0.3000 |
| 2026-05-21 | $0.3000 |
| 2026-03-10 | $0.3000 |
| 2025-11-13 | $0.3000 |
| 2025-08-15 | $0.3000 |
| 2025-05-30 | $0.3000 |
| 2025-03-11 | $0.3000 |
| 2024-11-14 | $0.3000 |
| 2024-08-09 | $0.3000 |
| 2024-05-20 | $0.3000 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.9000 |
| 2025 | $1.2000 |
| 2024 | $1.2000 |
| 2023 | $1.2000 |
| 2022 | $1.0000 |
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