Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear Corporation (NYSE: LEA) announced a quarterly cash dividend of $0.77 per share on November 15, 2022. This dividend is payable on December 27, 2022, to shareholders of record at the close of business on December 7, 2022. As a significant player in automotive technology, Lear aims to enhance consumer experiences globally through its innovative approaches in Seating and E-Systems. The company operates in 38 countries and serves major automakers worldwide, ranking 186 on the Fortune 500.

Positive

• Declared a quarterly cash dividend of $0.77 per share, indicating financial health and commitment to returning value to shareholders.
• Dividend payment scheduled for December 27, 2022, providing timely returns to investors.

Negative

• None.

SOUTHFIELD, Mich., Nov. 15, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.  The dividend is payable on December 27, 2022, to shareholders of record at the close of business on December 7, 2022.

About Lear Corporation

Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.

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SOURCE Lear Corporation

FAQ

What is the dividend amount declared by Lear Corporation?

Lear Corporation declared a dividend of $0.77 per share.

When is the dividend payable for LEA shareholders?

The dividend is payable on December 27, 2022.

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

The record date is December 7, 2022.

How often does Lear Corporation pay dividends?

Lear Corporation pays dividends quarterly.

What is Lear Corporation's stock symbol?

The stock symbol for Lear Corporation is LEA.