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 and distributes a range of engineered components, such as steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck accessories; electronic components; appliances; air conditioners; televisions and sound systems; and other accessories. This segment serves OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing, as well as travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers. The Aftermarket segment supplies various components of RV and adjacent industries to retail dealers, wholesale distributors, and service centers. This segment also sells replacement glass and awnings to fulfill insurance claims; and biminis, covers, buoys, and fenders to the marine industry. The company was formerly known as Drew Industries Incorporated and changed its name to LCI Industries in December 2016. LCI Industries was incorporated in 1984 and is based in Elkhart, Indiana.
LCI Industries Dividend Announcement
• LCI Industries announced a quarterly dividend of $1.15 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• LCI Industries annual dividend for 2024 was $4.30
• LCI Industries annual dividend for 2023 was $4.20
• LCI Industries's trailing twelve-month (TTM) dividend yield is 3.62%
• LCI Industries's payout ratio for the trailing twelve months (TTM) is 81.55%
• LCI Industries's dividend growth over the last five years (2018-2023) was 12.31% year
LCI Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $1.15 | quarterly | 2024-12-13 |
| 2024-08-30 | $1.05 | quarterly | 2024-09-13 |
| 2024-05-31 | $1.05 | quarterly | 2024-06-14 |
| 2024-03-07 | $1.05 | quarterly | 2024-03-22 |
| 2023-11-30 | $1.05 | quarterly | 2023-12-15 |
| 2023-08-31 | $1.05 | quarterly | 2023-09-15 |
| 2023-06-01 | $1.05 | quarterly | 2023-06-16 |
| 2023-03-09 | $1.05 | quarterly | 2023-03-24 |
| 2022-12-01 | $1.05 | quarterly | 2022-12-16 |
| 2022-09-01 | $1.05 | quarterly | 2022-09-16 |
| 2022-06-02 | $1.05 | quarterly | 2022-06-17 |
| 2022-03-10 | $0.90 | quarterly | 2022-03-25 |
| 2021-12-02 | $0.90 | quarterly | 2021-12-17 |
| 2021-09-02 | $0.90 | quarterly | 2021-09-17 |
| 2021-06-03 | $0.90 | quarterly | 2021-06-18 |
| 2021-03-11 | $0.75 | quarterly | 2021-03-26 |
| 2020-12-03 | $0.75 | quarterly | 2020-12-18 |
| 2020-09-03 | $0.75 | quarterly | 2020-09-18 |
| 2020-06-04 | $0.65 | quarterly | 2020-06-19 |
| 2020-03-05 | $0.65 | quarterly | 2020-03-20 |
| 2019-12-05 | $0.65 | quarterly | 2019-12-20 |
| 2019-09-05 | $0.65 | quarterly | 2019-09-20 |
| 2019-06-06 | $0.65 | quarterly | 2019-06-21 |
| 2019-03-07 | $0.60 | quarterly | 2019-03-22 |
| 2018-11-23 | $0.60 | quarterly | 2018-12-07 |
| 2018-08-30 | $0.60 | quarterly | 2018-09-14 |
| 2018-06-01 | $0.60 | quarterly | 2018-06-15 |
| 2018-03-15 | $0.55 | quarterly | 2018-03-29 |
| 2017-11-16 | $0.55 | quarterly | 2017-12-01 |
| 2017-08-16 | $0.50 | quarterly | 2017-09-01 |
| 2017-05-17 | $0.50 | quarterly | 2017-06-02 |
| 2017-03-02 | $0.50 | quarterly | 2017-03-17 |
| 2016-11-23 | $0.50 | quarterly | 2016-12-09 |
| 2016-08-17 | $0.30 | quarterly | 2016-09-02 |
| 2016-06-02 | $0.30 | quarterly | 2016-06-17 |
| 2016-03-30 | $0.30 | quarterly | 2016-04-15 |
| 2015-03-25 | $2.00 | quarterly | 2015-04-10 |
| 2013-12-18 | $2.00 | quarterly | 2014-01-06 |
| 2012-12-06 | $2.00 | quarterly | 2012-12-20 |
LCI Industries Dividend per year
LCI Industries Dividend growth
LCI Industries Dividend Yield
LCI Industries current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing LCI Industries stock? Use our calculator to estimate your expected dividend yield:
LCI Industries Financial Ratios
P/E ratio23.11
PEG ratio2.01
P/B ratio2.13
ROE9.48%
Payout ratio81.55%
Current ratio2.88
Quick ratio1.25
Cash Ratio0.37
LCI Industries Dividend FAQ
How much is the next LCI Industries dividend?
LCI Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next LCI Industries dividend. The next LCI Industries dividend will be released in March, June, August, or November.
When is LCI Industries dividend paid?
LCI Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does LCI Industries pay?
The specific amount of LCI Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LCI Industries's dividend history.
Does LCI Industries stock pay dividends?
Yes, LCI Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find LCI Industries's dividend history.
How much dividend does LCI Industries pay?
LCI Industries paid $4.3 in 2024, $4.2 in 2023, $4.05 in 2022, $3.45 in 2021, and $2.8 in 2020.
How often does LCI Industries pay dividends?
LCI Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is LCI Industries's dividend yield?
The current dividend yield for LCI Industries is 3.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate LCI Industries's exact dividend yield.
When does LCI Industries go ex dividend?
LCI Industries's ex-dividend date for the latest dividend was on 2024-11-29. LCI Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next LCI Industries dividend paid?
LCI Industries pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will LCI Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether LCI Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is LCI Industries dividend per share?
LCI Industries paid $4.3 per share in 2024 and $4.2 per share in 2023. The amount of dividend per share that LCI Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is LCI Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is LCI Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is LCI Industries a dividend stock?
Yes, LCI Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is LCI Industries a good dividend stock?
Whether LCI Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. LCI Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating LCI Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating LCI Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does LCI Industries pay dividends monthly?
LCI Industries typically pays dividends on a quarterly basis.
Does LCI Industries pay dividends quarterly?
LCI Industries currently pays dividends on a quarterly basis.
Has LCI Industries ever paid a dividend?
Yes, LCI Industries has a history of paying dividends to its shareholders. LCI Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy LCI Industries dividend stocks?
To buy LCI Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy LCI Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy LCI Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does LCI Industries pay dividends 2024?
LCI Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will LCI Industries increase its dividend in 2024?
Decisions regarding LCI Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date LCI Industries dividend overview you can look into the above table of dividend history.
How LCI Industries dividend works?
The LCI Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how LCI Industries's dividend process works:
1. Determination of Dividend: LCI Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, LCI Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, LCI Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from LCI Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: LCI Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, LCI Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, LCI Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from LCI Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are LCI Industries dividends paid?
LCI Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: LCI Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, LCI Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LCI Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: LCI Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, LCI Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LCI Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does LCI Industries pay dividends?
LCI Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does LCI Industries pay dividends?
The general pattern is that LCI Industries pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is LCI Industries dividend safe?
The safety of LCI Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of LCI Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review LCI Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of LCI Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review LCI Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.