Loews Corporation Announces Quarterly Dividend On Common Stock

Rhea-AI Summary

Loews Corporation (NYSE: L) declared a quarterly dividend of $0.0625 per share of Common Stock. This dividend is payable on December 7, 2021, to shareholders of record as of the close of business on November 24, 2021. Loews operates in various sectors, including insurance, energy, hospitality, and packaging, showcasing its diversified business model.

Positive

• Quarterly dividend of $0.0625 per share signifies company confidence and commitment to returning value to shareholders.
• Dividend payout strengthens investor relations and could attract income-focused investors.

Negative

• None.

NEW YORK, Nov. 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 December 7, 2021 to shareholders of record as of the close of business on November 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 for Loews Corporation in 2021?

Loews Corporation announced a quarterly dividend of $0.0625 per share.

When will the dividend for Loews Corporation be paid?

The dividend will be paid on December 7, 2021.

What is the record date for Loews Corporation's dividend?

The record date for the dividend is November 24, 2021.

How often does Loews Corporation pay dividends?

Loews Corporation typically pays dividends quarterly.