LCI Industries (NYSE:LCII) to Issue Quarterly Dividend of $1.15

LCI Industries (NYSE:LCII) announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Friday, November 27th will be paid a dividend of $1.15 per share on Friday, December 11th. This represents a $4.60 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, November 27th.

LCI Industries has raised its dividend payment by an average of 0.1% annually over the last three years and has raised 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. Research analysts expect LCI Industries to earn $9.11 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 50.5%.

LCI Industries Price Performance

LCII stock opened at $96.95 on Friday. The company has a quick ratio of 1.36, a current ratio of 2.82 and a debt-to-equity ratio of 0.58. LCI Industries has a 52-week low of $77.58 and a 52-week high of $159.66. The stock’s 50 day moving average is $89.39 and its two-hundred day moving average is $109.74. The company has a market capitalization of $2.36 billion, a PE ratio of 11.62 and a beta of 1.19.

LCI Industries (NYSE:LCII) last announced its earnings results on Thursday, November 5th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.15. The company had revenue of $992.48 million for the quarter, compared to analyst estimates of $990.62 million. LCI Industries had a return on equity of 14.51% and a net margin of 4.99%. LCI Industries’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.97 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.500 EPS. Analysts predict that LCI Industries will post 8.41 earnings per share for the current fiscal year.

LCI Industries Company Profile

LCI Industries designs and manufactures components and related products for recreational vehicles, boats, and other applications. Its offerings include RV chassis, axles, towing and leveling systems, slide-out mechanisms, windows, doors, furniture, and electronic systems, as well as marine seating, hardware, and accessories. The company serves original equipment manufacturers and aftermarket customers, with products used in recreational vehicles, marine vessels, and adjacent markets such as transportation and industrial applications.