Level One Bancorp, Inc. (LEVL) Dividends
Dividend Yield and Dividend History Highlights
- LEVL has issued more total dividends (as measured in absolute US dollars) over the past six years than 3.28% of other US stocks currently paying dividends.
- In terms trailing twelve months of dividends issued, LEVL has returned $1,541,000 US dollars -- more than 5.2% of public US dividend stocks.
- LEVL's free cash flow has been growing at a compound average annual rate of -306.31% over the past 3.25 years -- higher than 2.79% of current US-listed dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with LEVL's price: JP, BF.B, PINC, CL and XEL.
LEVL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $39.93 | $17.1 | -57.56% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Level One Bancorp Inc, the DDM model, as implemented by StockNews, implies a negative return of 57.56% relative to its current price. Digging deeper, the aspects of Level One Bancorp Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Level One Bancorp Inc produces a dividend yield 0.6% -- which falls in the bottom 8%.
- In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -57.56%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 17.32% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, LEVL has a discount rate lower than only 17.32% of them (a lower discount rate is associated with lower risk).
- A stock's beta generally indicates its volatility relative to the broader equity market; for Level One Bancorp Inc, its beta is lower than 80.7% of dividend issuing stocks we observed.
LEVL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2022-03-30 | Dividend | $0.07 | +16.67% |
| 2021-12-30 | Dividend | $0.06 | -- |
| 2021-09-29 | Dividend | $0.06 | -- |
| 2021-06-29 | Dividend | $0.06 | -- |
| 2021-03-30 | Dividend | $0.06 | +20.00% |
| 2020-12-30 | Dividend | $0.05 | -- |
| 2020-09-29 | Dividend | $0.05 | -- |
| 2020-06-29 | Dividend | $0.05 | -- |
| 2020-03-30 | Dividend | $0.05 | +25.00% |
| 2019-12-30 | Dividend | $0.04 | -- |
| 2019-09-27 | Dividend | $0.04 | -- |
| 2019-06-27 | Dividend | $0.04 | -- |
| 2019-03-28 | Dividend | $0.04 | +33.33% |
| 2018-12-28 | Dividend | $0.03 | -- |
| 2018-09-27 | Dividend | $0.03 | -- |
| 2018-06-28 | Dividend | $0.03 | -- |
| 2018-03-29 | Dividend | $0.03 | -- |
LEVL Dividends vs. Peers
LEVL's dividend yield currently ranks #18 of 73 vs. its peers in the Midwest Regional Banks category.
Looking for More Information on LEVL dividends?
Here are a few links from around the web to help you further your research on Level One Bancorp Inc and its dividends:Level One Bancorp Inc Common Stock (LEVL) Dividend History | Nasdaq
Dividend History for Level One Bancorp Inc (LEVL) - Dividend Investor
Level One Bancorp Inc (LEVL) Dividend History - Seeking Alpha