Luceco (LON:LUCE) Issues Earnings Results

Luceco (LON:LUCE) released 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 return on equity of 19.86% and a net margin of 8.41%.

Luceco Trading Down 1.0 %

LON LUCE opened at GBX 135.60 ($1.76) on Friday. The firm’s fifty day moving average is GBX 144.48 and its two-hundred day moving average is GBX 140.23. Luceco has a one year low of GBX 108.26 ($1.40) and a one year high of GBX 195 ($2.52). The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.51 and a current ratio of 2.18. The firm has a market cap of £218.01 million, a PE ratio of 11.43, a P/E/G ratio of 0.62 and a beta of 1.29.

Luceco Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, April 10th will be paid a dividend of GBX 3.30 ($0.04) per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 2.21%. This is a boost 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.