LCI Industries (LCII) to Issue Quarterly Dividend of $1.15 on June 12th

LCI Industries (NYSE:LCIIGet Free Report) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Friday, May 29th will be paid a dividend of 1.15 per share on Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, May 29th.

LCI Industries has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. LCI Industries has a dividend payout ratio of 64.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect LCI Industries to earn $10.28 per share next year, which means the company should continue to be able to cover its $4.60 annual dividend with an expected future payout ratio of 44.7%.

LCI Industries Trading Down 1.2%

Shares of LCI Industries stock opened at $111.12 on Thursday. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 13.65 and a beta of 1.21. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. LCI Industries has a 12-month low of $84.25 and a 12-month high of $159.66. The firm’s 50-day moving average price is $122.16 and its two-hundred day moving average price is $125.14.

LCI Industries (NYSE:LCIIGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm posted $2.19 earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, analysts forecast that LCI Industries will post 8.95 earnings per share for the current fiscal year.

About LCI Industries

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LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.

See Also

Dividend History for LCI Industries (NYSE:LCII)

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