Level One Bancorp, Inc. (LEVL) Dividends

Level One Bancorp, Inc. (LEVL): $39.93

-0.38 (-0.94%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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 Ex-Dividend Date
LEVL Dividend Yield
0.70%
LEVL Annual Dividend
$0.28
LEVL Payout Ratio

LEVL Price Forecast Based on Dividend Discount Model

Current PriceDDM 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 Chart


LEVL Dividend History

Ex-Dividend Date Type Payout Amount Change
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LEVL Dividends vs. Peers

LEVL's dividend yield currently ranks #65 of 73 vs. its peers in the Midwest Regional Banks category.
Rank Symbol Name Dividend Yield
1 TFSL TFS Financial Corporation 8.28%
2 CIZN Citizens Holding Company 6.88%
3 PEBO Peoples Bancorp Inc. 5.07%
4 WSBF Waterstone Financial, Inc. 4.78%
5 ATLO Ames National Corporation 4.72%
6 UBOH United Bancshares, Inc. 4.53%
7 MBTF M B T Financial Corp 4.47%
8 COFS ChoiceOne Financial Services, Inc. 4.41%
9 KEY KeyCorp 4.36%
10 MSBI Midland States Bancorp, Inc. 4.31%
11 FCAP First Capital, Inc. 4.29%
12 FMNB Farmers National Banc Corp. 4.21%
13 PFC Premier Financial Corp. 4.11%
14 CFFN Capitol Federal Financial, Inc. 4.06%
15 BFIN BankFinancial Corporation 4.06%
16 HBAN Huntington Bancshares Inc. 4.01%
17 MBWM Mercantile Bank Corporation 3.68%
18 FITB Fifth Third Bancorp 3.63%
19 IBCP Independent Bank Corporation 3.59%
20 BUSE First Busey Corporation 3.53%
21 FFBC First Financial Bancorp. 3.48%
22 LARK Landmark Bancorp Inc. 3.29%
23 SFNC Simmons First National Corporation 3.27%
24 ASB Associated Banc-Corp 3.25%
25 CHFC Chemical Financial Corporation 3.24%
26 HWBK Hawthorn Bancshares, Inc. 3.22%
27 MFSF MutualFirst Financial Inc. 3.22%
28 FFWM First Foundation Inc. 3.14%
29 EBMT Eagle Bancorp Montana, Inc. 3.09%
30 SBFG SB Financial Group, Inc. 3.03%
31 ONB Old National Bancorp 2.93%
32 FMAO Farmers & Merchants Bancorp, Inc. 2.93%
33 FRME First Merchants Corporation 2.90%
34 MCBC Macatawa Bank Corporation 2.88%
35 PRK Park National Corporation 2.75%
36 FMBH First Mid Bancshares, Inc. 2.66%
37 MFNC Mackinac Financial Corporation 2.60%
38 FMBI First Midwest Bancorp, Inc. 2.60%
39 MBCN Middlefield Banc Corp. 2.38%
40 FSFG First Savings Financial Group, Inc. 2.32%
41 GABC German American Bancorp, Inc. 2.31%
42 MBFI MB Financial Inc. 2.27%
43 THFF First Financial Corp. (Indiana) 2.25%
44 SRCE 1st Source Corporation 2.24%
45 IROQ IF Bancorp, Inc. 2.15%
46 NBHC National Bank Holdings Corporation 2.15%
47 FBIZ First Business Financial Services, Inc. 2.06%
48 LKFN Lakeland Financial Corporation 2.03%
49 GFED Guaranty Federal Bancshares, Inc. 1.91%
50 MSFG MainSource Financial Group, Inc. 1.82%
51 CZWI Citizens Community Bancorp, Inc. 1.79%
52 SMBC Southern Missouri Bancorp, Inc. 1.62%
53 BKMU Bank Mutual Corporation 1.58%
54 BY Byline Bancorp, Inc. 1.58%
55 ALTA Altabancorp 1.54%
56 WTFC Wintrust Financial Corporation 1.49%
57 CBSH Commerce Bancshares, Inc. 1.41%
58 OSBC Old Second Bancorp, Inc. 1.15%
59 ICBK County Bancorp, Inc. 1.13%
60 EQBK Equity Bancshares, Inc. - 1.09%
61 HMNF HMN Financial, Inc. 1.07%
62 BFC Bank First Corporation 1.05%
63 INBK First Internet Bancorp 0.92%
64 CFBK Central Federal Corporation 0.86%
65 LEVL Level One Bancorp, Inc. 0.70%
66 GWB Great Western Bancorp, Inc. 0.65%
67 CASH Meta Financial Group, Inc. 0.46%
68 PVTB PrivateBancorp, Inc. 0.07%
69 NCBS Nicolet Bankshares Inc. 0.00%
70 FCFP First Community Financial Partners, Inc. 0.00%
71 BWB Bridgewater Bancshares, Inc. 0.00%
72 TCF TCF Financial Corporation 0.00%
73 CBCYB Central Bancompany, Inc. 0.00%

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

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