Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
LSI Industries Inc. is a U.S.-based manufacturer and solutions provider specializing in commercial lighting and visual display systems. The company operates primarily within the commercial and industrial lighting, graphics, and brand identity solutions industries, serving customers that require integrated lighting, signage, and display products. LSI Industries generates revenue through the design, manufacture, and sale of lighting fixtures, digital and static signage, and related installation and project management services.
The company’s primary revenue drivers are its Lighting Segment and Display Solutions Segment, which serve customers in retail, grocery, petroleum/convenience stores, automotive dealerships, quick-service restaurants, and warehouse and logistics facilities. LSI Industries positions itself as a vertically integrated provider offering end-to-end solutions—from product design and manufacturing to project execution—allowing customers to maintain consistent branding and energy-efficient infrastructure across locations. Founded in 1976, the company initially focused on lighting products and expanded over time into graphics and visual solutions through organic growth and acquisitions.
Business Operations
LSI Industries operates through two primary business segments: Lighting Segment and Display Solutions Segment. The Lighting Segment includes indoor and outdoor lighting fixtures, controls, and lighting systems used in commercial, industrial, and municipal applications. The Display Solutions Segment focuses on branded environments, including illuminated signage, digital displays, and custom architectural elements that enhance customer-facing locations. Revenue is generated through product sales, large-scale rollout programs, and long-term customer relationships with multi-site operators.
Operations are primarily based in the United States, with manufacturing, distribution, and project management capabilities integrated across its business units. The company controls proprietary lighting designs, LED technologies, and graphics fabrication processes. Notable subsidiaries and operating units include LSI Lighting, LSI Graphics, and Atlas Lighting Products, which broaden its reach in specification-grade lighting and national account customers. Information regarding additional joint ventures or minority investments is limited, and data inconclusive based on available public sources.
Strategic Position & Investments
LSI Industries’ strategic direction centers on expanding its presence in specification-grade lighting, increasing penetration with national account customers, and leveraging cross-selling opportunities between lighting and display solutions. Growth initiatives include product innovation focused on energy efficiency, smart lighting controls, and integrated brand environments, as well as operational efficiencies across manufacturing and logistics.
The company has pursued selective acquisitions to enhance capabilities and market access, most notably the acquisition of Atlas Lighting Products, which strengthened its position in high-performance commercial lighting and expanded relationships with lighting agents and specifiers. LSI Industries continues to invest in LED technology, digital display solutions, and project management infrastructure. Public disclosures do not clearly identify material investments in emerging technologies beyond these areas; therefore, data inconclusive based on available public sources.
Geographic Footprint
LSI Industries is headquartered in North America, with its corporate headquarters located in Cincinnati, Ohio. The company’s primary operations, manufacturing facilities, and customer base are concentrated in the United States, which accounts for the majority of its revenue. It serves national and regional customers across all major U.S. markets, particularly in urban and suburban commercial corridors.
International exposure is limited and largely indirect, primarily through customers with global operations or through selective export activity. The company does not report a significant standalone operational footprint outside North America, and publicly available disclosures indicate that international revenue represents a relatively small portion of total sales.
Leadership & Governance
LSI Industries is led by an executive team with experience in manufacturing, commercial lighting, and branded environments. The leadership emphasizes operational discipline, customer-centric solutions, and disciplined capital allocation aligned with long-term shareholder value creation.
Key executives include:
- James A. Clark – President and Chief Executive Officer
- Jeffrey A. Hess – Chief Financial Officer
- Jon A. Kaczmarek – Senior Vice President, Lighting
- Kevin M. Polk – Senior Vice President, Display Solutions
- Kimberly K. Nelson – Vice President, Human Resources
The board of directors oversees corporate governance, strategic planning, and risk management in accordance with U.S. public company standards and regulatory requirements.