If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of LCI Industries Inc is 1.14, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of LCI Industries was 1.67. The lowest was 0.26. And the median was 0.38.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of LCI Industries was 22.10% per year. The lowest was 11.00% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
LCI Industries Dividend Yield % Historical Data
The historical data trend for LCI Industries's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of LCI Industries's Dividend Yield %
For the Recreational Vehicles subindustry, LCI Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LCI Industries's Dividend Yield % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where LCI Industries's Dividend Yield % falls into.
LCI Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
LCI Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.050000
2024-03-07
2024-03-08
2024-03-22
Cash Dividend
quarterly
USD:EUR 0.920000
USD 1.050000
2023-11-30
2023-12-01
2023-12-15
Cash Dividend
quarterly
USD:EUR 0.924000
USD 1.050000
2023-08-31
2023-09-01
2023-09-15
Cash Dividend
quarterly
USD:EUR 0.917000
USD 1.050000
2023-06-01
2023-06-02
2023-06-16
Cash Dividend
quarterly
USD:EUR 0.923000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
LCI Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
3.8682
/
104.00
=
3.72 %
Current Share Price is €104.00. LCI Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is €3.8682.
LCI Industries's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3.864
/
104.00
=
3.72 %
Current Share Price is €104.00. LCI Industries's Dividends per Share for the forward twelve months is calculated as €0.966 * 4 = €3.864.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of LCI Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.
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