Cash Dividend On The Way From LSI Industries (LYTS)

Looking at the universe of stocks we cover at Dividend Channel, on 11/3/16, LSI Industries Inc. (LYTS) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 11/15/16. As a percentage of LYTS's recent stock price of $8.59, this dividend works out to approximately 0.58%, so look for shares of LSI Industries Inc. to trade 0.58% lower — all else being equal — when LYTS shares open for trading on 11/3/16.

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Below is a dividend history chart for LYTS, showing historical dividends prior to the most recent $0.05 declared by LSI Industries Inc.:

LYTS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LYTS is likely to continue, and whether the current estimated yield of 2.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LYTS shares, versus its 200 day moving average:

LSI Industries Inc. 200 Day Moving Average Chart

Looking at the chart above, LYTS's low point in its 52 week range is $8.49 per share, with $13.45 as the 52 week high point — that compares with a last trade of $8.67.

According to the ETF Finder at ETF Channel, LYTS makes up 2.54% of the First Trust RBA American Industrial Renaissance ETF ( AIRR) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, LSI Industries Inc. shares are currently down about 0.1% on the day.

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