Leucadia National Corp. (LUK) To Go Ex-Dividend on December 12th
Leucadia National Corp. (NYSE:LUK) declared a quarterly dividend on Thursday, October 26th, RTT News reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.10 per share by the conglomerate on Wednesday, December 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Tuesday, December 12th.
Leucadia National has a payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Leucadia National to earn $1.56 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 25.6%.
Leucadia National (NYSE:LUK) opened at $26.10 on Monday. Leucadia National has a 12-month low of $22.23 and a 12-month high of $27.33. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $9,298.73, a PE ratio of 16.84, a PEG ratio of 1.04 and a beta of 1.29.
Leucadia National (NYSE:LUK) last issued its earnings results on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.10. The company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.66 billion. Leucadia National had a return on equity of 5.83% and a net margin of 5.48%. Leucadia National’s quarterly revenue was up 8.2% on a year-over-year basis. research analysts predict that Leucadia National will post 1.39 earnings per share for the current year.
Several brokerages have recently commented on LUK. Zacks Investment Research upgraded Leucadia National from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. TheStreet upgraded Leucadia National from a “c+” rating to a “b-” rating in a research note on Friday, November 3rd.
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Leucadia National Company Profile
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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