Luceco (LON:LUCE) Announces Quarterly Earnings Results

Luceco (LON:LUCE) posted its quarterly earnings data 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 Down 1.4 %

Shares of LON:LUCE opened at GBX 135.07 ($1.75) on Friday. The firm has a market capitalization of £217.16 million, a PE ratio of 11.38, a price-to-earnings-growth ratio of 0.62 and a beta of 1.29. The firm’s 50-day moving average is GBX 144.48 and its two-hundred day moving average is GBX 140.23. 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.

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 is Thursday, April 10th. This represents a dividend yield of 2.21%. This is a positive change from Luceco’s previous dividend of $1.70. Luceco’s dividend payout ratio is currently 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.