Luceco (LON:LUCE) Issues Quarterly Earnings Results

Luceco (LON:LUCE) announced its quarterly 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 Trading Down 1.4 %

Shares of Luceco stock opened at GBX 135.07 ($1.75) on Friday. The company has a market cap of £217.16 million, a price-to-earnings ratio of 11.38, a PEG ratio of 0.62 and a beta of 1.29. The company has a current ratio of 2.18, a quick ratio of 1.51 and a debt-to-equity ratio of 55.91. The company’s 50-day moving average price is GBX 144.48 and its 200-day moving average price is GBX 140.23. Luceco has a 12-month low of GBX 108.26 ($1.40) and a 12-month high of GBX 195 ($2.52).

Luceco Increases Dividend

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