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

LCI Industries (NYSE:LCII) announced a quarterly dividend on Tuesday, May 12th. Investors of record on Friday, May 29th will be given a dividend of 1.15 per share on Friday, June 12th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, May 29th.

LCI Industries has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 8 consecutive years. LCI Industries has a payout ratio of 64.4% indicating that its dividend is sufficiently covered by earnings. Research 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 Price Performance

Shares of LCI Industries stock traded down $1.89 during trading hours on Wednesday, reaching $110.53. The stock had a trading volume of 59,915 shares, compared to its average volume of 367,580. The stock’s 50 day moving average is $122.59 and its 200 day moving average is $124.99. The company has a current ratio of 2.91, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68. LCI Industries has a twelve month low of $84.25 and a twelve month high of $159.66. The firm has a market capitalization of $2.68 billion, a PE ratio of 13.58 and a beta of 1.21.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.LCI Industries’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Equities analysts expect that LCI Industries will post 8.95 earnings per share for the current fiscal year.

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.