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, payable on August 31, 2021, to shareholders of record as of the close of business on August 18, 2021. As a diversified company, Loews operates across various industries, including insurance, energy, hospitality, and packaging. The dividend reflects the company's commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.0625 per share demonstrates commitment to shareholder returns.

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• None.

NEW YORK, Aug. 3, 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 August 31, 2021 to shareholders of record as of the close of business on August 18, 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 in August 2021?

Loews Corporation 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 August 31, 2021.

What is the record date for receiving the dividend from Loews Corporation?

The record date for the dividend is August 18, 2021.

How often does Loews Corporation pay dividends?

Loews Corporation pays dividends quarterly.

Is the dividend from Loews Corporation sustainable?

The sustainability of the dividend is generally assessed based on the company's financial performance and cash reserves.