Littelfuse, Inc. (NASDAQ:LFUS) Declares Quarterly Dividend of $0.80

Key Points

• Littelfuse declared a quarterly dividend of $0.80 per share, equivalent to $3.20 annually and a yield of approximately 0.8%. The dividend is payable December 3 to shareholders of record on November 19, extending the company’s streak of annual increases to 15 years.
• Third-quarter adjusted EPS of $5.79 significantly exceeded analyst expectations of about $4.97, while revenue rose 22.7% year over year. However, sales of approximately $766.7 million fell short of consensus, partly due to a $28.5 million contract-amendment fee.
• Management gave fourth-quarter guidance of $750 million–$770 million in sales and adjusted EPS of $5.05–$5.25, while reaffirming its 2030 targets of $4.5 billion in revenue and $1.1 billion in adjusted EBITDA.

Littelfuse, Inc. (NASDAQ:LFUS - Get Free Report) announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.80 per share by the technology company on Thursday, December 3rd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 19th.

Littelfuse has increased its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 15 consecutive years. Littelfuse has a payout ratio of 28.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Littelfuse to earn $18.02 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 17.8%.

Littelfuse Stock Performance

Shares of NASDAQ:LFUS opened at $387.15 on Thursday. The company's 50 day simple moving average is $410.20 and its 200 day simple moving average is $397.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.76 and a quick ratio of 2.00. Littelfuse has a 1 year low of $233.36 and a 1 year high of $500.57. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of -774.28, a price-to-earnings-growth ratio of 1.86 and a beta of 1.48.

Littelfuse (NASDAQ:LFUS - Get Free Report) last issued its earnings results on Wednesday, October 28th. The technology company reported $5.79 earnings per share for the quarter, beating analysts' consensus estimates of $4.97 by $0.82. Littelfuse had a positive return on equity of 13.02% and a negative net margin of 0.31%. The firm had revenue of $795.20 million for the quarter, compared to the consensus estimate of $792.49 million. During the same quarter last year, the business posted $2.77 EPS. The company's revenue was up 22.7% compared to the same quarter last year. As a group, research analysts predict that Littelfuse will post 15.78 EPS for the current fiscal year.

Littelfuse News Summary

Here are the key news stories impacting Littelfuse this week:

• Positive Sentiment: Adjusted earnings significantly exceeded expectations. Littelfuse reported adjusted EPS of $5.79, above the roughly $4.95–$4.97 analyst consensus and nearly double the prior-year result. GAAP diluted EPS was $4.49, compared with $2.77 a year earlier. Littelfuse Beats Q3 Earnings Estimates
• Positive Sentiment: Record sales and profitability improved year over year. Third-quarter net sales reached approximately $766.7 million, up 22.7% from $624.6 million, while net income increased to $115.4 million from $69.5 million. Operating margin was 20%, and operating cash flow and free cash flow were $230.1 million and $215.7 million, respectively. Littelfuse Q3 Results
• Positive Sentiment: Management provided constructive outlook commentary. Fourth-quarter sales guidance is $750 million to $770 million, with adjusted EPS of $5.05 to $5.25. Littelfuse also reaffirmed its long-term 2030 targets of $4.5 billion in revenue and $1.1 billion in adjusted EBITDA. Littelfuse Outlook
• Positive Sentiment: The quarterly dividend was maintained at $0.80 per share, equivalent to $3.20 annually and a yield of approximately 0.8%. The dividend is payable December 3 to shareholders of record November 19. Littelfuse Dividend Announcement
• Neutral Sentiment: Revenue was below expectations. Sales of $766.7 million missed the FactSet consensus of $792.5 million. The company said results included a $28.5 million Dortmund contract-amendment fee recorded as a reduction to semiconductor revenue, partially explaining the gap. Littelfuse Revenue Earnings Flash
• Negative Sentiment: Reported insider activity may temper enthusiasm. Recent disclosed insider transactions showed sales and no purchases over the cited six-month period, although these trades may reflect compensation or diversification rather than a fundamental view of LFUS.

Littelfuse Company Profile

Littelfuse, Inc is a diversified industrial technology company that develops and manufactures products designed to protect, control and sense electrical energy. Its portfolio includes fuses and other circuit-protection devices, power semiconductor products, relays, switches, sensors and related electronic components.

The company serves customers in the automotive, commercial vehicle, industrial, electronics, energy and communications markets. Its products are used in applications such as vehicle electrification, battery systems, industrial equipment, power distribution, renewable energy systems, data infrastructure and consumer electronics.

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