LCI Industries (NYSE:LCII – Get Free Report) declared a quarterly dividend on Friday, August 7th. Shareholders of record on Friday, August 21st will be paid a dividend of 1.15 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, August 21st.
LCI Industries has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 8 consecutive years. LCI Industries has a dividend payout ratio of 64.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect LCI Industries to earn $9.65 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 47.7%.
LCI Industries Price Performance
LCII stock opened at $103.29 on Wednesday. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 12.01 and a beta of 1.18. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59. LCI Industries has a 52-week low of $84.33 and a 52-week high of $159.66. The stock’s fifty day simple moving average is $101.64 and its 200-day simple moving average is $117.13.
LCI Industries Company Profile
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.
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