DIVIDEND ALERT! LKQ Corp. (LKQ) Sheds 17.8% as Tariff Uncertainties Linger

We recently published Double-Digit Disaster: 10 Big Names Fall Off the Cliff. LKQ Corporation (NASDAQ:LKQ) is one of the worst-performing stocks on Thursday.

LKQ Corporation saw its share prices fall by 17.82 percent on Thursday to end at $31.73 apiece as investor sentiment was dampened by its lowering of growth outlook for the rest of the year amid tariff uncertainties.

In a statement following its earnings results, LKQ Corporation (NASDAQ:LKQ) said it now expects organic revenues to drop between 1.5 and 3.5 percent for the full year, as compared with a flat to 2 percent growth guidance previously.

Diluted EPS was also lowered to a range of $2.47 to $2.77 versus $2.91 to $3.21 previously.

In the second quarter of the year, LKQ Corporation (NASDAQ:LKQ) profit $192 million, higher by 3.8 percent than the $185 million in the same period last year.

Revenues also decreased by 1.9 percent to $3.64 billion from $3.7 billion year-on-year.

According to the company, its board of directors has approved a quarterly cash dividend of $0.30 per common share to shareholders as of August 14. The dividends are payable on August 28, 2025.

While we acknowledge the potential of LKQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.