Leucadia National Corporation (NYSE:LUK) announced a quarterly dividend on Thursday, October 26th, RTT News reports. Investors 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 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Tuesday, December 12th.
Leucadia National Corporation has a dividend payout ratio of 28.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Leucadia National Corporation 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 Corporation (NYSE:LUK) traded down $0.40 on Friday, reaching $25.66. The company had a trading volume of 903,400 shares, compared to its average volume of 1,580,691. The firm has a market capitalization of $9,000.00, a PE ratio of 16.81, a price-to-earnings-growth ratio of 1.04 and a beta of 1.28. Leucadia National Corporation has a 52-week low of $20.17 and a 52-week high of $27.33. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02.
Leucadia National Corporation (NYSE:LUK) last released its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.10. The firm had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Leucadia National Corporation had a return on equity of 5.83% and a net margin of 5.48%. The business’s revenue was up 8.2% on a year-over-year basis. research analysts forecast that Leucadia National Corporation will post 1.39 earnings per share for the current year.
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A number of research firms recently issued reports on LUK. TheStreet raised Leucadia National Corporation from a “c+” rating to a “b-” rating in a research report on Friday, November 3rd. Zacks Investment Research raised Leucadia National Corporation from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Tuesday, October 10th. Finally, BidaskClub cut Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th.
About Leucadia National Corporation
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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