Luceco (LON:LUCE) Posts Quarterly Earnings Results

Luceco (LON:LUCE) posted its quarterly earnings results on Wednesday. The company reported GBX 12.50 ($0.16) 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 Performance

LUCE traded down GBX 2.40 ($0.03) on Friday, hitting GBX 134.60 ($1.74). The company had a trading volume of 232,036 shares, compared to its average volume of 234,642. Luceco has a 1-year low of GBX 108.26 ($1.40) and a 1-year high of GBX 195 ($2.52). The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51. The company’s fifty day moving average price is GBX 144.48 and its 200 day moving average price is GBX 140.23. The stock has a market cap of £216.40 million, a price-to-earnings ratio of 11.34, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29.

Luceco Increases Dividend

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

About Luceco

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.