Loews Corporation Announces Quarterly Dividend On Common Stock

Rhea-AI Summary

Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share on its Common Stock. This dividend will be payable on March 9, 2021, to shareholders who are on record as of the close of business on February 24, 2021. The company operates across various sectors, including insurance, energy, hospitality, and packaging, demonstrating its diversified business model.

Positive

• Declared a quarterly dividend of $0.0625 per share, indicating continued shareholder returns.

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• None.

NEW YORK, Feb. 9, 2021 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable March 9, 2021 to shareholders of record as of the close of business on February 24, 2021.

Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information please visit www.loews.com.

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SOURCE Loews Corporation

FAQ

What is the dividend amount declared by Loews Corporation?

Loews Corporation has declared a quarterly dividend of $0.0625 per share.

When will the dividend be paid to shareholders of Loews Corporation?

The dividend will be payable on March 9, 2021.

What is the record date for the dividend payment of Loews Corporation?

The record date for the dividend payment is February 24, 2021.

How often does Loews Corporation pay dividends?

Loews Corporation pays dividends quarterly.

Is the dividend from Loews Corporation sustainable?

The press release does not provide information on the sustainability of the dividend.