LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

Rhea-AI Summary

Loews Corporation (NYSE: L) has declared its quarterly dividend of $0.0625 per share, set to be paid on December 6, 2022. Shareholders of record must hold shares by the close of business on November 23, 2022. The company operates across various sectors, including insurance, energy, hospitality, and packaging, demonstrating a diversified business model.

Positive

• Quarterly dividend of $0.0625 per share supports shareholder income.
• Diverse business operations in insurance, energy, hospitality, and packaging enhance stability.

Negative

• None.

NEW YORK, Nov. 8, 2022 /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 6, 2022 to shareholders of record as of the close of business on November 23, 2022.

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 is the dividend payment date for Loews Corporation?

The dividend payment date is December 6, 2022.

What is the record date for shareholders to receive the dividend from Loews Corporation?

The record date for receiving the dividend is November 23, 2022.

How often does Loews Corporation pay dividends?

Loews Corporation pays dividends quarterly.