LSI Industries, Inc. (NASDAQ:LYTS) to Issue $0.05 Quarterly Dividend

LSI Industries, Inc. (NASDAQ:LYTS) declared a quarterly dividend on Wednesday, November 6th, Zacks reports. Shareholders of record on Monday, November 18th will be paid a dividend of 0.05 per share by the construction company on Tuesday, November 26th. This represents a $0.20 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date is Friday, November 15th.

Shares of NASDAQ LYTS opened at $5.54 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.78 and a quick ratio of 1.69. The stock’s fifty day moving average price is $5.14 and its two-hundred day moving average price is $4.18. LSI Industries has a one year low of $2.48 and a one year high of $5.68. The firm has a market cap of $136.86 million, a price-to-earnings ratio of 138.50, a P/E/G ratio of 0.84 and a beta of 1.34.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings data on Wednesday, November 6th. The construction company reported $0.04 EPS for the quarter, meeting analysts’ consensus estimates of $0.04. LSI Industries had a positive return on equity of 0.78% and a negative net margin of 4.97%. The firm had revenue of $88.70 million for the quarter, compared to analyst estimates of $85.00 million. On average, equities analysts anticipate that LSI Industries will post 0.25 earnings per share for the current fiscal year.

A number of research analysts have commented on LYTS shares. ValuEngine raised LSI Industries from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Zacks Investment Research raised LSI Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 24th.

LSI Industries Company Profile

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

Further Reading: What are some reasons analysts would give stocks a buy rating?

Dividend History for LSI Industries (NASDAQ:LYTS)

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