Lamb Weston (LW) To Go Ex-Dividend on August 7th

Lamb Weston (NYSE:LWGet Free Report) announced a quarterly dividend on Friday, July 24th. Investors of record on Friday, August 7th will be given a dividend of 0.38 per share by the specialty retailer on Friday, September 4th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, August 7th.

Lamb Weston has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 7 consecutive years. Lamb Weston has a dividend payout ratio of 39.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Lamb Weston to earn $3.63 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 41.9%.

Lamb Weston Price Performance

NYSE LW opened at $49.57 on Friday. Lamb Weston has a one year low of $37.62 and a one year high of $67.07. The stock has a 50-day moving average of $44.73 and a 200 day moving average of $44.25. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.69 and a current ratio of 1.46. The company has a market capitalization of $6.84 billion, a price-to-earnings ratio of 23.83, a PEG ratio of 6.58 and a beta of 0.47.

Lamb Weston (NYSE:LWGet Free Report) last posted its earnings results on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.24. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Lamb Weston had a net margin of 4.61% and a return on equity of 23.77%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.87 EPS. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. On average, sell-side analysts forecast that Lamb Weston will post 3.08 EPS for the current year.

Lamb Weston News Summary

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Lamb Weston Company Profile

(Get Free Report)

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.

See Also

Dividend History for Lamb Weston (NYSE:LW)

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