LKQ Corporation distributes replacement parts, components, and systems used in the repair and maintenance of vehicles. It operates through three segments: North America, Europe, and Specialty. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products, such as windshields; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. It serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. The company operates in the United States, Canada, the United Kingdom, Germany, Belgium, the Netherlands, Luxembourg, Italy, the Czech Republic, Austria, Poland, Slovakia, Taiwan, and other European countries. LKQ Corporation was incorporated in 1998 and is headquartered in Chicago, Illinois.
LKQ Dividend Announcement
• LKQ announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-14
• LKQ annual dividend for 2024 was $1.20
• LKQ annual dividend for 2023 was $1.12
• LKQ's trailing twelve-month (TTM) dividend yield is 3.19%
• LKQ's payout ratio for the trailing twelve months (TTM) is 45.01%
LKQ Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-14 | $0.30 | quarterly | 2024-11-27 |
| 2024-08-15 | $0.30 | quarterly | 2024-08-29 |
| 2024-05-15 | $0.30 | quarterly | 2024-05-30 |
| 2024-03-13 | $0.30 | quarterly | 2024-03-28 |
| 2023-11-15 | $0.30 | quarterly | 2023-11-30 |
| 2023-08-16 | $0.28 | quarterly | 2023-08-31 |
| 2023-05-17 | $0.28 | quarterly | 2023-06-01 |
| 2023-03-15 | $0.28 | quarterly | 2023-03-30 |
| 2022-11-16 | $0.28 | quarterly | 2022-12-01 |
| 2022-08-10 | $0.25 | quarterly | 2022-09-01 |
| 2022-05-18 | $0.25 | quarterly | 2022-06-02 |
| 2022-03-02 | $0.25 | quarterly | 2022-03-24 |
| 2021-11-09 | $0.25 | quarterly | 2021-12-02 |
LKQ Dividend per year
LKQ Dividend growth
LKQ Dividend Yield
LKQ current trailing twelve-month (TTM) dividend yield is 3.19%. Interested in purchasing LKQ stock? Use our calculator to estimate your expected dividend yield:
LKQ Financial Ratios
P/E ratio13.86
PEG ratio0.13
P/B ratio1.58
ROE11.52%
Payout ratio45.01%
Current ratio1.72
Quick ratio0.67
Cash Ratio0.12
LKQ Dividend FAQ
How much is the next LKQ dividend?
LKQ's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next LKQ dividend. The next LKQ dividend will be released in March, May, August, or November.
When is LKQ dividend paid?
LKQ pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, 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 LKQ pay?
The specific amount of LKQ 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 LKQ's dividend history.
Does LKQ stock pay dividends?
Yes, LKQ 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 LKQ's dividend history.
How much dividend does LKQ pay?
LKQ paid $1.2 in 2024, $1.125 in 2023, $1.025 in 2022, $0.25 in 2021, and $0.0 in 2020.
How often does LKQ pay dividends?
LKQ 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, May, August, and November.
What is LKQ's dividend yield?
The current dividend yield for LKQ is 3.19%. 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 LKQ's exact dividend yield.
When does LKQ go ex dividend?
LKQ's ex-dividend date for the latest dividend was on 2024-11-14. LKQ 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 LKQ dividend paid?
LKQ pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will LKQ 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 LKQ 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 LKQ dividend per share?
LKQ paid $1.2 per share in 2024 and $1.125 per share in 2023. The amount of dividend per share that LKQ 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 LKQ 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 LKQ 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 LKQ a dividend stock?
Yes, LKQ is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is LKQ a good dividend stock?
Whether LKQ is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. LKQ has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating LKQ 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 LKQ 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 LKQ pay dividends monthly?
LKQ typically pays dividends on a quarterly basis.
Does LKQ pay dividends quarterly?
LKQ currently pays dividends on a quarterly basis.
Has LKQ ever paid a dividend?
Yes, LKQ has a history of paying dividends to its shareholders. LKQ is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy LKQ dividend stocks?
To buy LKQ 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 LKQ 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 LKQ 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 LKQ pay dividends 2024?
LKQ pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-27. 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 LKQ increase its dividend in 2024?
Decisions regarding LKQ 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 LKQ dividend overview you can look into the above table of dividend history.
How LKQ dividend works?
The LKQ 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 LKQ's dividend process works:
1. Determination of Dividend: LKQ'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, LKQ 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, LKQ 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 LKQ 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: LKQ'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, LKQ 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, LKQ 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 LKQ 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 LKQ dividends paid?
LKQ dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: LKQ 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, LKQ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LKQ 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: LKQ 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, LKQ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LKQ 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 LKQ pay dividends?
LKQ 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 LKQ pay dividends?
The general pattern is that LKQ pays dividends around March, May, 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 LKQ dividend safe?
The safety of LKQ'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 LKQ'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 LKQ'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 LKQ'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 LKQ'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.