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Stock impact report

LSI Industries (NASDAQ:LYTS) Is Due To Pay A Dividend Of $0.05 [Yahoo! Finance]

LSI Industries Inc. (LYTS) 
Last lsi industries inc. earnings: 4/23 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: lsiindustries.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
This payment means the dividend yield will be 0.9%, which is below the average for the industry. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While yield is important, another factor to consider about a company's dividend is whether the current payout levels are feasible. However, prior to this announcement, LSI Industries' dividend was comfortably covered by both cash flow and earnings. This means that most of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 20.6% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 20% by next year, which is in a pretty sustainable range. Check out our latest analysis for LSI Industries Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2016, the dividend has gone from $0.09 total annually to $0 Show less Read more
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