Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear Corporation (NYSE: LEA), a leader in automotive technology, announced a quarterly cash dividend of $0.25 per share on its common stock. This dividend will be payable on June 30, 2021, to shareholders recorded by the close of business on June 11, 2021. This financial decision reflects Lear's commitment to returning value to its shareholders while emphasizing its operational excellence and innovation in producing superior in-vehicle experiences.

Positive

• Quarterly cash dividend of $0.25 per share reflects ongoing financial health.
• Dividend payment scheduled for June 30, 2021, highlighting shareholder value.

Negative

• None.

SOUTHFIELD, Mich., May 20, 2021 /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 $0.25 per share on the Company's common stock.  The dividend is payable on June 30, 2021, to shareholders of record at the close of business on June 11, 2021.

About Lear Corporation

Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our 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 #166 on the Fortune 500. Further information about Lear is available at lear.com, or follow us on Twitter @LearCorporation.

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SOURCE Lear Corporation

FAQ

What is the dividend amount declared by Lear Corporation?

Lear Corporation declared a quarterly cash dividend of $0.25 per share.

When will the dividend be paid by Lear Corporation?

The dividend will be paid on June 30, 2021.

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

The record date for the dividend is June 11, 2021.