LSI Industries Inc. (LYTS) to Issue Quarterly Dividend of $0.05 on November 25th

LSI Industries Inc. (NASDAQ:LYTS) announced a quarterly dividend on Thursday, November 6th. Investors of record on Monday, November 17th will be paid a dividend of 0.05 per share by the construction company on Tuesday, November 25th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, November 17th.

LSI Industries has a payout ratio of 18.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect LSI Industries to earn $1.01 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 19.8%.

LSI Industries Stock Down 0.3%

LSI Industries stock traded down $0.05 during mid-day trading on Friday, reaching $18.40. 117,801 shares of the company’s stock were exchanged, compared to its average volume of 156,690. The company has a quick ratio of 1.17, a current ratio of 1.99 and a debt-to-equity ratio of 0.19. LSI Industries has a twelve month low of $13.77 and a twelve month high of $25.50. The company has a market cap of $572.11 million, a P/E ratio of 23.29 and a beta of 0.25. The company has a fifty day moving average of $22.47 and a 200-day moving average of $19.42.

LSI Industries (NASDAQ:LYTS) last posted its quarterly earnings results on Friday, September 9th. The construction company reported $0.12 EPS for the quarter. The business had revenue of $97.02 million during the quarter. LSI Industries had a net margin of 4.25% and a return on equity of 11.07%. Sell-side analysts expect that LSI Industries will post 0.7 EPS for the current year.

About LSI Industries

LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.