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Increasing Performance and Stable Payouts: LSI Industries Benefits Investors with Growing Earnings

Author: Benzinga Insights | November 21, 2023 11:05am

By the end of today, November 21, 2023, LSI Industries (NASDAQ:LYTS) is set to deliver a dividend payout of $0.05 per share, equating to an annualized dividend yield of 1.34%. The company's dividend payout went ex-dividend on November 10, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.

LSI Industries Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-10 4 $0.05 1.34% 2023-11-01 2023-11-13 2023-11-21
2023-08-25 4 $0.05 1.57% 2023-08-17 2023-08-28 2023-09-05
2023-05-05 4 $0.05 1.61% 2023-04-27 2023-05-08 2023-05-16
2023-02-03 4 $0.05 1.53% 2023-01-26 2023-02-06 2023-02-14
2022-11-10 4 $0.05 2.56% 2022-11-02 2022-11-14 2022-11-22
2022-08-26 4 $0.05 2.9% 2022-08-18 2022-08-29 2022-09-07
2022-05-06 4 $0.05 3.42% 2022-04-28 2022-05-09 2022-05-17
2022-02-04 4 $0.05 3.33% 2022-01-27 2022-02-07 2022-02-15
2021-11-12 4 $0.05 2.38% 2021-11-03 2021-11-15 2021-11-23
2021-08-27 4 $0.05 2.76% 2021-08-19 2021-08-30 2021-09-07
2021-04-30 4 $0.05 2.27% 2021-04-22 2021-05-03 2021-05-11
2021-01-29 4 $0.05 2.26% 2021-01-21 2021-02-01 2021-02-09

With a dividend yield that places it neither at the top nor the bottom, LSI Industries finds itself in the middle among its industry peers, while GrafTech International (NYSE:EAF) boasts the highest annualized dividend yield at 1.60%.

Analyzing LSI Industries Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $0.20. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.

YoY Earnings Growth For LSI Industries

earning chart graph

From 2019 to 2022, LSI Industries experienced a growth in earnings per share, with an increase from $-0.01 to $0.76. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

This article delves into the recent dividend payout of LSI Industries and its implications for shareholders. Presently, the company is distributing a dividend of $0.05 per share, leading to an annualized dividend yield of 1.34%.

With a dividend yield that places it neither at the top nor the bottom, LSI Industries finds itself in the middle among its industry peers, while GrafTech International boasts the highest annualized dividend yield at 1.60%.

The unaltered dividend per share during 2019 to 2022 does not diminish the significance of the increasing earnings per share for LSI Industries. This upward trend suggests the company's financial stability and its potential to sustain the distribution of profits to shareholders.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EAF LYTS

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