LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

Rhea-AI Summary

Loews (NYSE: L) announced its quarterly dividend of $0.0625 per share of Common Stock.

The dividend will be payable on June 11, 2024, to shareholders of record as of May 29, 2024.

Loews operates in the insurance, energy, hospitality, and packaging sectors.

Positive

• Quarterly dividend of $0.0625 per share announced.
• Dividend payable on June 11, 2024.
• Shareholders of record as of May 29, 2024, eligible for dividend.
• Diversified operations in insurance, energy, hospitality, and packaging industries.

Negative

• Dividend amount of $0.0625 per share may be considered low by some investors.

NEW YORK, May 14, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable June 11, 2024 to shareholders of record as of the close of business on May 29, 2024.

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

View original content:https://www.prnewswire.com/news-releases/loews-corporation-announces-quarterly-dividend-on-common-stock-302145073.html

SOURCE Loews Corporation

FAQ

When will Loews pay the announced quarterly dividend?

Loews will pay the quarterly dividend on June 11, 2024.

What is the dividend amount announced by Loews ?

Loews announced a quarterly dividend of $0.0625 per share of Common Stock.

Who is eligible for the Loews quarterly dividend?

Shareholders of record as of the close of business on May 29, 2024, are eligible.

What industries does Loews operate in?

Loews operates in the insurance, energy, hospitality, and packaging industries.

What is the stock symbol for Loews ?

The stock symbol for Loews is L.