Lifetime Brands Announces $0.0425 Dividend, Raises Concerns Over Sustainability

Lifetime Brands (NASDAQ:LCUT) has affirmed a dividend of $0.0425, representing a 4.2% annual payment, which is above the industry average. While the company is not generating a profit, its free cash flows easily cover the dividend, providing comfort about the sustainability of payments. However, earnings per share is forecast to expand by 74.9% over the next year, but this may not be enough to turn a profit. The dividend has a limited growth potential, with earnings per share having shrunk at 47% over the past five years.