Luceco (LON:LUCE) Releases Earnings Results

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

Luceco Price Performance

Shares of LON:LUCE opened at GBX 135.60 ($1.76) on Friday. Luceco has a 12 month low of GBX 108.26 ($1.40) and a 12 month high of GBX 195 ($2.52). The firm has a market capitalization of £218.01 million, a price-to-earnings ratio of 11.43, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The business’s 50 day simple moving average is GBX 144.48 and its 200-day simple moving average is GBX 140.23. The company has a debt-to-equity ratio of 55.91, a current ratio of 2.18 and a quick ratio of 1.51.

Luceco Increases Dividend

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