LSI Industries, Inc. (NASDAQ:LYTS) Plans Quarterly Dividend of $0.05

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

LSI Industries stock opened at $5.54 on Friday. The company has a current ratio of 2.78, a quick ratio of 1.69 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $136.86 million, a PE ratio of 138.50, a P/E/G ratio of 0.84 and a beta of 1.34. LSI Industries has a 12 month low of $2.48 and a 12 month high of $5.68. The stock has a 50-day moving average price of $5.14 and a two-hundred day moving average price of $4.18.

LSI Industries (NASDAQ:LYTS) last posted its earnings results on Wednesday, November 6th. The construction company reported $0.04 EPS for the quarter, meeting the consensus estimate 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 during the quarter, compared to the consensus estimate of $85.00 million. As a group, analysts predict that LSI Industries will post 0.25 earnings per share for the current fiscal year.

LYTS has been the subject of a number of analyst reports. Zacks Investment Research upgraded LSI Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 24th. ValuEngine upgraded LSI Industries from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

About LSI Industries

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: Rule of 72

Dividend History for LSI Industries (NASDAQ:LYTS)

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