LCI Industries (NYSE:LCII) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.75 per share is scheduled to be paid on September 18, 2020. The dividend yield based on the latest trading day closing price was 2.51 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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LCI Industries recently reported second quarter financial results on August 4, 2020, before market open, the Elkhart based company unfold income for the second quarter of $ 0.54 per share, from the revenue of $ 525.76 million. The quarterly earnings decreased 71.43 percent while revenues declined 18.32 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.16 per share from $ 421.45 million in revenue. The bottom line results beat street analysts by $ 0.7 or 437.50 percent, at the same time, top line results outshined analysts by $ 104.31 million or 24.75 percent.
Stock Performance
Shares of LCI Industries traded low $ -0.80 or -0.67 percent on Friday, reaching $ 119.38 with volume of 59.90 thousand shares. LCI Industries has traded high as $ 121.60 and has cracked $ 118.96 on the downward trend
According to the previous trading day, closing price of $ 119.38, representing a 117.36 % increase from the 52 week low of $ 55.29 and a 8.75 % decrease over the 52 week high of $ 131.71.
The company has a market capital of $ 3.00 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.
LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures or distributes various components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers; trucks; pontoon boats; trains; manufactured homes; and modular housing.
