LCI Industries (NYSE:LCII) Announces $1.15 Quarterly Dividend

LCI Industries (NYSE:LCII) 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) annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, August 21st.

LCI Industries has raised its dividend payment 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 research analysts expect LCI Industries to earn $9.69 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 47.5%.

LCI Industries Trading Up 2.9%

NYSE:LCII opened at $108.86 on Friday. The stock’s 50 day moving average price is $100.79 and its 200 day moving average price is $119.28. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66. The company has a market capitalization of $2.65 billion, a P/E ratio of 12.66 and a beta of 1.18. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 2.49.

LCI Industries (NYSE:LCII) last posted its earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the prior year, the business posted $2.39 earnings per share. The business’s quarterly revenue was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, research analysts forecast that LCI Industries will post 8.48 EPS for the current fiscal year.

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.