LCI Industries (NYSE:LCII – Get 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.
About LCI Industries
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
- Five stocks we like better than LCI Industries
- Oklo Stock Could Be Ready for Another Massive Run
- D-Wave Earnings Looked Weak, But Investors May Be Missing This
- Nebius Upside Expands as AI Feedback Loop Intensifies
- Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell
Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.
