Luceco (LON:LUCE) Posts Quarterly Earnings Results

Luceco (LON:LUCE) posted its earnings results on Wednesday. The company reported GBX 12.50 ($0.16) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Luceco had a net margin of 8.41% and a return on equity of 19.86%.

Luceco Stock Down 1.9 %

Luceco stock opened at GBX 134.40 ($1.74) on Friday. Luceco has a 52 week low of GBX 108.26 ($1.40) and a 52 week high of GBX 195 ($2.52). The firm has a market cap of £216.08 million, a price-to-earnings ratio of 11.33, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The business’s 50-day moving average price is GBX 144.48 and its 200 day moving average price is GBX 140.23. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 55.91.

Luceco Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, April 10th will be paid a GBX 3.30 ($0.04) dividend. This is an increase from Luceco’s previous dividend of $1.70. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 2.21%. Luceco’s dividend payout ratio is presently 42.13%.

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.