LCI Industries
LCIIConsumer Cyclical · Stock · quarterly payer
Forward Yield
4.48%
Annual Dividend
$4.60
Payout Ratio
53%
5-Yr Growth
10.4%
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Summary
As of September 2026, LCI Industries (LCII) yields 4.48% ($4.60 per share annually), with a blended fair-value estimate of $251.92 — +145% upside, so it screens as undervalued. Dividend safety grade: A (83/100). 9 years of dividend growth.
Is LCII a good dividend stock?
YesLCI Industries (LCII) pays a quarterly dividend yielding 4.48% ($4.60/yr), with 9 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (53%)
- Strong 10.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.48%
- Payout Ratio
- 53%
- Annual Dividend
- $4.60
- 5-Yr Avg Growth
- 10.4%
- Ex-Dividend Date
- Aug 21, 2026
- Years of Growth
- 9
- Frequency
- quarterly
- Beta
- 1.19
- Market Cap
- $2.5B
- P/E Ratio
- 11.9
- 5-Yr Total Return
- -24%
- 52-Week Range
- $84.33 – $159.66
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
Frequently Asked Questions
LCII Price — Last 12 Months
Daily close
Price Return
1 Year
+11%
3 Years
-12%
5 Years
-24%
52-Week Range
$84.33 – $159.66
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LCII worth?
Undervaluedlow confidenceOur blended fair-value estimate for LCI Industries is $251.92 per share, versus a market price of $102.96. That implies 145% of upside — a margin of safety of about 59%.
Fair Value
$251.92
Current Price
$102.96
Upside
+145%
Margin of Safety
59%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.9% annual free-cash-flow growth. We model 18.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.2% discount rate (CAPM), 18.2% stage-1 growth, 2.5% terminal growth, $8.69 EPS, $4.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LCII Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | — | $1.1500 | regular |
| May 29, 2026 | — | $1.1500 | regular |
| Mar 13, 2026 | — | $1.1500 | regular |
| Nov 28, 2025 | — | $1.1500 | regular |
| Aug 29, 2025 | — | $1.1500 | regular |
| May 30, 2025 | — | $1.1500 | regular |
| Mar 7, 2025 | — | $1.1500 | regular |
| Nov 29, 2024 | — | $1.1500 | regular |
| Aug 30, 2024 | — | $1.0500 | regular |
| May 31, 2024 | — | $1.0500 | regular |
| Mar 7, 2024 | — | $1.0500 | regular |
| Nov 30, 2023 | — | $1.0500 | regular |
| Aug 31, 2023 | — | $1.0500 | regular |
| Jun 1, 2023 | — | $1.0500 | regular |
Income Calculator
At $4.60 / yr per share
