LKQ Corporation (NASDAQ:LKQ) Declares Quarterly Dividend of $0.30

Key Points

• LKQ declared a quarterly dividend of $0.30 per share (annualized $1.20) with a yield of 3.8%; shareholders of record on May 21 will be paid on June 4 and the ex-dividend date is May 21.
• In the latest quarter LKQ reported $0.67 EPS—matching estimates—and $3.47 billion revenue (up 4.3% YoY), and issued FY2026 EPS guidance of 2.90–3.20 (analysts average 3.05); its payout ratio (~31.3%) suggests the dividend is well covered by earnings.

LKQ Corporation (NASDAQ:LKQ - Get Free Report) declared a quarterly dividend on Thursday, April 30th. Investors 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) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, May 21st.

LKQ has a payout ratio of 31.3% indicating that its dividend is sufficiently covered by earnings. 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 Stock Down 0.9%

LKQ opened at $31.28 on Friday. LKQ has a fifty-two week low of $27.64 and a fifty-two week high of $42.67. The company has a market capitalization of $7.98 billion, a P/E ratio of 13.35 and a beta of 0.91. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.67 and a quick ratio of 0.58. The firm's fifty day moving average price is $30.53 and its two-hundred day moving average price is $31.03.

LKQ (NASDAQ:LKQ - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. LKQ had a net margin of 4.36% and a return on equity of 12.29%. The firm had revenue of $3.47 billion during the quarter, compared to analyst estimates of $3.39 billion. During the same quarter in the prior year, the business posted $0.79 earnings per share. The company's quarterly revenue was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, analysts anticipate that LKQ will post 3.05 EPS for the current year.

Institutional Trading of LKQ

A number of hedge funds and other institutional investors have recently modified their holdings of LKQ. Applied Finance Capital Management LLC raised its holdings in shares of LKQ by 6.1% in the 3rd quarter. Applied Finance Capital Management LLC now owns 536,345 shares of the auto parts company's stock valued at $16,380,000 after purchasing an additional 31,042 shares during the period. Thompson Investment Management Inc. lifted its holdings in LKQ by 14.0% during the 4th quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company's stock worth $11,304,000 after purchasing an additional 46,052 shares during the last quarter. Goodman Financial Corp boosted its holdings in LKQ by 9.9% in the 3rd quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company's stock valued at $10,845,000 after purchasing an additional 31,857 shares during the period. SG Americas Securities LLC boosted its holdings in shares of LKQ by 3,046.7% in the 4th quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company's stock valued at $8,170,000 after purchasing an additional 261,928 shares in the last quarter. Finally, Rathbones Group PLC grew its holdings in LKQ by 14.3% during the 3rd quarter. Rathbones Group PLC now owns 171,511 shares of the auto parts company's stock worth $5,238,000 after acquiring an additional 21,499 shares during the last quarter. Institutional investors and hedge funds own 95.63% of the company's stock.

About LKQ

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.

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