Leucadia National Corp. (LUK) To Go Ex-Dividend on December 12th

Leucadia National Corp. (NYSE:LUK) announced a quarterly dividend on Thursday, October 26th, RTT News reports. Stockholders of record on Wednesday, December 13th will be paid 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 dividend yield of 1.54%. The ex-dividend date of this dividend is Tuesday, December 12th.

Leucadia National has a dividend payout ratio of 28.8% meaning its dividend is sufficiently covered by earnings. 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%.

Shares of Leucadia National (NYSE LUK) opened at $25.94 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.02. The company has a market cap of $9,259.54, a price-to-earnings ratio of 16.77, a PEG ratio of 1.04 and a beta of 1.29. Leucadia National has a 1 year low of $22.23 and a 1 year high of $27.33.

Leucadia National (NYSE:LUK) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.10. The business had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.66 billion. Leucadia National had a net margin of 5.48% and a return on equity of 5.83%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. research analysts forecast that Leucadia National will post 1.39 EPS for the current year.

A number of brokerages have recently commented on LUK. TheStreet raised shares of Leucadia National from a “c+” rating to a “b-” rating in a research report on Friday, November 3rd. BidaskClub lowered shares of Leucadia National from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research raised shares of Leucadia National from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a research report on Tuesday, October 10th.

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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.

Dividend History for Leucadia National (NYSE:LUK)

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