Luceco Dividends - LUCE

Luceco Dividends - LUCE

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Stock Name Stock Symbol Market Stock Type
Luceco Plc LUCE London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.60 0.6% 100.60 16:35:11
Open Price Low Price High Price Close Price Previous Close
102.40 97.10 102.40 100.60 100.00
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Industry Sector

Luceco LUCE Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

riverman77: I think there are any host of incrediblly cheap stocks in this sector that will make fantastic recovery plays when the time is right. Alongside LUCE, I'd also mention WIX and NXR. However, no need to rush in as think these will remain weak until we see clear signs that the UK economy is improving (and no sign of that any time soon I'm afraid). Ones to keep on the watchlist.
buywell3: What percentage of LUCE products sold are manufactured by them in the UK ?
ymaheru: I think the divi will remain at or close to current levels. 1- in fy21, LUCE say, “…expect our Adjusted Gross Margin from now on to exceed the 35.8% delivered in the second half of 2021.” 2- in Q1 update, they say, “…We are targeting Adjusted Gross Margin of 37% during H2 2022.” We also expect revenues to be down 2-3% in FY22, so adj profit will be similar to FY21. Added to this, LUCE’s stated div payout ratio is 40-60%, but they only paid out the minimum 40% last year. If profits remain roughly similar, then I’d suspect divs will be flat or have a token increase, depending on business outlook for 2023.
purplepelmets: don't expect the divi to remain as our margins will take a kicking
brucie5: Some quick metrics from Stocko, where it passes a Philip Fisher Growth Screen: 12m Forecast Rolling PE Ratio (f) 6.2 PEG Ratio (f) 1.5 EPS Growth (f) 4.4% Dividend Yield (f) 6.46%
ymaheru: I think it’s cos China and Hong Kong are up. LUCE have almost all their manufacturing out there, so often seem to be boosted/ hit by movements in the Hang Seng.
melloteam: Mello2022, the popular three-day Investor event takes place on 24TH-26TH MAY at the Clayton Hotel & Conference Centre, Chiswick, W4. The breakdown of the three days is as follows: Tuesday 24th May, 9am - 6pm - Mello Investment Trusts and Funds (WE ARE GIVING AWAY 20 FREE TICKETS TO THE TRUST AND FUNDS EVENT - THE FREE CODE IS FIRST20TF) Wednesday 25th & Thursday 26th May, 9am - 6pm - Smaller Growth and Mid-Cap Companies (Tickets for 1 day are £115 and tickets for 2 days are £189. To get 50% off, use code MMTADVFN50). Just to let shareholders and prospective investors know that LUCE will be among the companies discussed on the BASH (Buy, Avoid, Sell, Hold) panel on Wednesday. There will also be keynote speakers such as Lord John Lee, Leon Boros, Andy Brough, Rosemary Banyard, Clarke Carlisle and Gervais Williams. For more information, please visit the event webpage: Https://
ymaheru: Well, LUCE said adj op profit would be £10million under previous guidance, which was that it’d make steady progress. So, my calcs suggest £39million + steady progress is £43-44million. £10 million less is £33 million, or about 15p eps. Am I misunderstanding it?
zeroid: Richard Beddard ShareScope column article on Luceco...hTTps://
tole: growth shares have tumbled over 40%! Time to buy?LucecoIf Victorian Plumbing's valuation still appears a little too rich, lighting specialist Luceco (LSE: LUCE) is looking far more palatable. Right now, the near-£500m cap company's stock changes hands for a little over 15 times earnings. Sadly, my bullish call on LUCE just over one month ago wasn't shared by the market. Despite reporting very decent numbers and raising the interim dividend by 73%, investors have elected to abandon the stock en masse. All told, LUCE shares were down 41% before markets opened today since hitting an all-time high in early September. Then again, they're still up 41% in the last 12 months. In my defence, I questioned whether the lack of buying activity on the day did suggest investors were concerned by the firm's comments relating to significant cost inflation and supply chain setbacks. Even so, I underestimated just how great this concern was. Some director selling hasn't helped matters.Of course, short-term setbacks may be regarded as opportunities for long-term investors such as myself. This remains a quality business, in my opinion. Bar the odd blip, margins and returns on capital have been consistently great. The aforementioned cash returns should also be sufficient compensation while investors await a recovery. How long that recovery takes is debatable, of course. Far from switching off from this growth stock, I'd be comfortable starting to build a position today.
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