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

LCI Industries (NYSE:LCII) announced a quarterly dividend on Friday, February 27th. Shareholders of record on Friday, March 13th will be given a dividend of 1.15 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 13th.

LCI Industries has increased 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% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect LCI Industries to earn $7.60 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 60.5%.

LCI Industries Price Performance

LCI Industries stock traded down $2.46 during trading hours on Friday, hitting $133.05. The stock had a trading volume of 332,691 shares, compared to its average volume of 323,780. LCI Industries has a 1-year low of $72.31 and a 1-year high of $159.66. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 17.62 and a beta of 1.32. The stock’s fifty day moving average is $139.73 and its two-hundred day moving average is $116.05. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14.

LCI Industries (NYSE:LCII) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.20. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $913.04 million. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.During the same quarter in the previous year, the company posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, analysts predict that LCI Industries will post 6.76 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.