LCI Industries’ Board of Directors approved a regular quarterly cash dividend of $1.05 per share of common stock.
The dividend is payable Sept. 16, 2022, to stockholders of record at the close of business Sept. 2, 2022.
The dividend matches the quarterly dividend issued in May. Lippert raised its dividend 17% from 90 cents a share in May.
Lippert’s dividend was 75 cents a share in March 2021, marking a 40% increase in 18 months.
Lippert supplies, domestically and internationally, a broad array of highly engineered components for the leading original equipment manufacturers in the RV and transportation product markets, and the related aftermarkets of those industries.