Littelfuse, Inc. (NASDAQ:LFUS – Get Free Report) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, August 20th will be paid a dividend of 0.80 per share by the technology company on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 20th. This is a 6.7% increase from Littelfuse’s previous quarterly dividend of $0.75.
Littelfuse has increased 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 15 years. Littelfuse has a payout ratio of 28.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect Littelfuse to earn $18.02 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 17.8%.
Littelfuse Trading Up 3.1%
Littelfuse stock opened at $471.81 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.76. Littelfuse has a fifty-two week low of $233.36 and a fifty-two week high of $500.57. The stock has a market cap of $11.98 billion, a P/E ratio of -943.60, a PEG ratio of 2.42 and a beta of 1.49. The firm’s fifty day moving average price is $440.09 and its 200-day moving average price is $402.65.
Littelfuse Company Profile
Littelfuse, Inc is a global manufacturer of circuit protection, power control, and sensing technologies. Founded in 1927 and headquartered in Chicago, Illinois, the company develops and produces a broad range of products designed to safeguard electrical and electronic systems across a variety of end markets. Littelfuse’s offerings include fuses, semiconductors, relays, and sensors, all engineered to protect against overcurrent, overvoltage, and thermal events in demanding applications.
The company’s product portfolio is organized into key segments such as Automotive, Industrial & Electronics, and Power & Sensor.
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