Luceco plc (LON:LUCE) Raises Dividend to GBX 3.20 Per Share

Luceco plc (LON:LUCE) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 3.20 ($0.04) per share on Friday, May 17th. This represents a yield of 2.64%. The ex-dividend date of this dividend is Thursday, April 11th. This is a positive change from Luceco’s previous dividend of $1.60. The official announcement can be accessed at this link.

Luceco Stock Performance

Shares of LUCE stock opened at GBX 137.60 ($1.74) on Wednesday. The company has a debt-to-equity ratio of 54.13, a quick ratio of 1.51 and a current ratio of 2.31. The company has a market capitalization of £221.26 million, a P/E ratio of 1,725.00, a price-to-earnings-growth ratio of 0.62 and a beta of 1.19. The company’s 50 day moving average price is GBX 137.97 and its two-hundred day moving average price is GBX 125.98. Luceco has a 52 week low of GBX 97.37 ($1.23) and a 52 week high of GBX 162 ($2.05).

Insiders Place Their Bets

In other Luceco news, insider John Hornby acquired 1,300 shares of the stock in a transaction dated Thursday, February 29th. The shares were bought at an average cost of GBX 138 ($1.74) per share, for a total transaction of £1,794 ($2,267.16). Corporate insiders own 51.78% of the company’s stock.

Luceco Company Profile

Luceco plc engages in the manufacturing and supply of wiring accessories, LED lighting, and portable power equipment 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, outdoor wiring devices, junction boxes, cable management, and commercial power and accessories under the British General and Nexus brand names.