Luceco plc (LON:LUCE) to Issue Dividend Increase – GBX 3.30 Per Share

Luceco plc (LON:LUCE) announced a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 3.30 ($0.04) per share on Thursday, May 22nd. This represents a 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 seen at this link.

Luceco Stock Up 4.1 %

LUCE stock opened at GBX 121.60 ($1.55) on Tuesday. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 55.91. The firm’s 50-day simple moving average is GBX 143.66 and its 200 day simple moving average is GBX 138.73. The stock has a market cap of £195.50 million, a PE ratio of 10.25, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. Luceco has a fifty-two week low of GBX 108.26 ($1.38) and a fifty-two week high of GBX 195 ($2.48).

Luceco (LON:LUCE) last posted its quarterly earnings data on Wednesday, March 26th. The company reported GBX 12.50 ($0.16) earnings per share for the quarter. Luceco had a net margin of 8.41% and a return on equity of 19.86%. As a group, sell-side analysts predict 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.