LKQ Corporation (NASDAQ:LKQ) Announces $0.30 Quarterly Dividend

LKQ Corporation (NASDAQ:LKQGet Free Report) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.30 per share by the auto parts company on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Thursday, May 21st.

LKQ has a dividend payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect LKQ to earn $3.34 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 35.9%.

LKQ Trading Down 3.6%

Shares of NASDAQ:LKQ traded down $1.13 during midday trading on Friday, reaching $30.45. The company’s stock had a trading volume of 190,633 shares, compared to its average volume of 2,613,781. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 12.90 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.58 and a current ratio of 1.67. The firm has a 50 day moving average price of $30.53 and a two-hundred day moving average price of $31.03. LKQ has a fifty-two week low of $27.64 and a fifty-two week high of $42.67.

LKQ (NASDAQ:LKQGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.67. The company had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. LKQ had a return on equity of 12.29% and a net margin of 4.36%.The firm’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, analysts forecast that LKQ will post 3.05 earnings per share for the current year.

About LKQ

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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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