LKQ Corporation (NASDAQ:LKQ) Declares Quarterly Dividend of $0.30

LKQ Corporation (NASDAQ:LKQGet Free Report) announced a quarterly dividend on Tuesday, February 17th. Shareholders of record on Thursday, March 12th will be given a dividend of 0.30 per share by the auto parts company on Thursday, March 26th. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, March 12th.

LKQ has a dividend payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect LKQ to earn $4.01 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 29.9%.

LKQ Stock Up 0.9%

Shares of LKQ traded up $0.30 during mid-day trading on Thursday, reaching $33.52. The company’s stock had a trading volume of 4,361,807 shares, compared to its average volume of 2,807,243. The company has a quick ratio of 0.67, a current ratio of 1.60 and a debt-to-equity ratio of 0.55. The company has a market cap of $8.58 billion, a price-to-earnings ratio of 12.41 and a beta of 0.91. The business has a fifty day moving average of $32.32 and a 200 day moving average of $31.19. LKQ has a 1 year low of $28.13 and a 1 year high of $44.82.

LKQ (NASDAQ:LKQGet Free Report) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.06). LKQ had a net margin of 4.99% and a return on equity of 13.45%. The company had revenue of $3.31 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same quarter in the prior year, the company posted $0.80 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, analysts forecast that LKQ will post 3.57 earnings per share for the current fiscal year.

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LKQ Company Profile

(Get Free Report)

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.

Further Reading

Dividend History for LKQ (NASDAQ:LKQ)

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