Luceco plc (LON:LUCE) Raises Dividend to GBX 3.30 Per Share

Luceco plc (LON:LUCE) announced a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 3.30 ($0.04) per share on Thursday, May 22nd. This represents a dividend yield of 2.21%. The ex-dividend date is Thursday, April 10th. This is a 94.1% increase from Luceco’s previous dividend of $1.70. The official announcement can be accessed at this link.

Luceco Price Performance

Shares of LUCE opened at GBX 135.66 ($1.76) on Friday. The firm has a 50-day simple moving average of GBX 144.48 and a two-hundred day simple moving average of GBX 140.23. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. Luceco has a 1-year low of GBX 108.26 ($1.40) and a 1-year high of GBX 195 ($2.52). The stock has a market cap of £218.10 million, a PE ratio of 11.43, a P/E/G ratio of 0.62 and a beta of 1.29.

Luceco (LON:LUCE) last released its quarterly earnings results on Wednesday, March 26th. The company reported GBX 12.50 ($0.16) EPS for the quarter. Luceco had a return on equity of 19.86% and a net margin of 8.41%. As a group, analysts forecast that Luceco will post 12.5907591 EPS for the current year.

Luceco Company Profile

Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands.