LCI Industries
LCIIConsumer Cyclical · Recreational Vehicles · Stock · quarterly payer
Forward Yield
5.23%
Annual Dividend
$4.60
Payout Ratio
53%
5-Yr Growth
10.4%
Ex-Date
Aug 21, 2026
Frequency
Quarterly
Key facts about LCII's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, LCI Industries (LCII) has a forward dividend yield of 5.23%, based on an annual dividend of $4.60 per share and a share price of $87.90.
- As of Oct 27, 2026, LCII's dividend safety grade from SmarterDividends is A (81 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, LCI Industries (LCII) has raised its dividend for 9 consecutive years as of Oct 27, 2026.
- LCII has never cut its regular dividend in the payment history SmarterDividends has on record.
- LCII's most recent ex-dividend date was Aug 21, 2026, for a dividend of $1.15 per share.
- As of Oct 27, 2026, LCII pays out 53% of its trailing 12-month earnings as dividends (its payout ratio).
- LCII's dividend has grown at an average rate of 10.4% a year over the past five years.
- As of Oct 27, 2026, LCII's 5.23% yield is 44% above its five-year average yield of 3.62%.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for LCII is $211.06 per share, 140% above the $87.90 share price, so LCII screens as undervalued.
- LCI Industries (LCII) pays its dividend quarterly, 4 times a year.
- LCI Industries (LCII) has raised its regular dividend 9 times and cut it 1 time across the 47 payments on record since 2010. Its most recent change was a 9.5% increase to $1.15 per share, going ex-dividend on Nov 29, 2024. The last cut went ex-dividend on Mar 30, 2016.
Cite this page
SmarterDividends, "LCII Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/LCII
Summary
As of Oct 27, 2026, LCI Industries (LCII) yields 5.23% ($4.60 a year per share), has a dividend safety grade of A (81/100) and has 9 consecutive years of dividend increases on record.
Is LCII a good dividend stock?
YesLCI Industries (LCII) pays a quarterly dividend yielding 5.23% ($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
- 5.23%
- 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
- 1.21
- Market Cap
- $2.1B
- P/E Ratio
- 10.2
- 5-Yr Total Return
- -44%
- 52-Week Range
- $77.58 – $159.66
- Dividend Safety
- A · 81/100
- Ever Cut?
- No
LCII dividend raises and cuts
LCI Industries (LCII) has raised its regular dividend 9 times and cut it 1 time across the 47 payments on record since 2010. Its most recent change was a 9.5% increase to $1.15 per share, going ex-dividend on Nov 29, 2024. The last cut went ex-dividend on Mar 30, 2016.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 29, 2024 | Raise | $1.05 → $1.15 | +9.5% |
| Jun 2, 2022 | Raise | $0.900 → $1.05 | +16.7% |
| Jun 3, 2021 | Raise | $0.750 → $0.900 | +20.0% |
| Sep 3, 2020 | Raise | $0.650 → $0.750 | +15.4% |
| Jun 6, 2019 | Raise | $0.600 → $0.650 | +8.3% |
| Jun 1, 2018 | Raise | $0.550 → $0.600 | +9.1% |
| Nov 16, 2017 | Raise | $0.500 → $0.550 | +10.0% |
| Nov 23, 2016 | Raise | $0.300 → $0.500 | +66.7% |
| Mar 30, 2016 | Cut | $2.00 → $0.300 | −85.0% |
| Dec 6, 2012 | Raise | $1.50 → $2.00 | +33.3% |
Frequently Asked Questions
Is LCII a good dividend stock?
Yes. LCI Industries (LCII) pays a quarterly dividend yielding 5.23% ($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.
Is LCII undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LCII's fair value is about $211.06 versus a $87.90 share price — so it looks undervalued (+140% vs. fair value).
Is LCII's dividend safe?
LCII has a dividend-safety grade of A (81/100), based on its payout coverage, free-cash-flow, 9-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is LCII's fair value?
Our blended fair-value estimate for LCII is about $211.06 per share, roughly 140% above the current $87.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is LCII a buy, hold, or sell?
We don't issue formal ratings, but on the data LCII screens as "yes" and undervalued. LCI Industries (LCII) pays a quarterly dividend yielding 5.23% ($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. This is research for your own analysis, not investment advice.
Will LCII cut its dividend?
LCII earns a dividend-safety grade of A (81/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does LCII pay a dividend?
Yes. LCI Industries pays a quarterly dividend of about $4.60 per share annually, a forward yield of roughly 5.23%.
What is LCII's dividend yield?
As of Oct 27, 2026, LCII's forward dividend yield is 5.23%, based on a $4.60 annual dividend and a $87.90 share price.
What is LCII's dividend per share?
As of Oct 27, 2026, LCII pays $4.60 per share per year, distributed on a quarterly basis.
What is LCII's dividend payout ratio?
As of Oct 27, 2026, LCII's payout ratio is 53% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has LCII grown its dividend?
As of Oct 27, 2026, LCII has increased its dividend for 9 consecutive years.
When is the next LCII ex-dividend date?
As of Oct 27, 2026, LCII's next ex-dividend date hasn't been announced. The most recent was Aug 21, 2026, for $1.15 per share.
LCII Price — Last 12 Months
Daily close
Price Return
1 Year
-25%
3 Years
-22%
5 Years
-44%
52-Week Range
$77.58 – $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 $211.06 per share, versus a market price of $87.90. That implies 140% of upside — a margin of safety of about 58%.
Fair Value
$211.06
Current Price
$87.90
Upside
+140%
Margin of Safety
58%
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 -5.6% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $8.63 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
Full LCII dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 21, 2026 | Sep 4, 2026 | $1.1500 | regular |
| May 29, 2026 | Jun 12, 2026 | $1.1500 | regular |
| Mar 13, 2026 | Mar 27, 2026 | $1.1500 | regular |
| Nov 28, 2025 | Dec 12, 2025 | $1.1500 | regular |
| Aug 29, 2025 | Sep 12, 2025 | $1.1500 | regular |
| May 30, 2025 | Jun 13, 2025 | $1.1500 | regular |
| Mar 7, 2025 | Mar 21, 2025 | $1.1500 | regular |
| Nov 29, 2024 | Dec 13, 2024 | $1.1500 | regular |
| Aug 30, 2024 | Sep 13, 2024 | $1.0500 | regular |
| May 31, 2024 | Jun 14, 2024 | $1.0500 | regular |
| Mar 7, 2024 | Mar 22, 2024 | $1.0500 | regular |
| Nov 30, 2023 | Dec 15, 2023 | $1.0500 | regular |
| Aug 31, 2023 | Sep 15, 2023 | $1.0500 | regular |
| Jun 1, 2023 | Jun 16, 2023 | $1.0500 | regular |
Income Calculator
At $4.60 / yr per share
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