Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear Corporation (NYSE: LEA), an automotive technology leader, announced a quarterly cash dividend of $0.77 per share on February 18, 2022. This dividend will be payable on March 30, 2022 to shareholders on record as of March 11, 2022. Additionally, the company revealed the date for its 2022 Annual Stockholders Meeting on May 19, 2022, to be held via a virtual web conference. The record date for voting eligibility is March 25, 2022.

Positive

• Quarterly cash dividend of $0.77 per share reinforces company’s commitment to returning value to shareholders.
• Annual Stockholders Meeting scheduled for May 19, 2022, allows direct engagement with shareholders.

Negative

• None.

SOUTHFIELD, Mich., Feb. 18, 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 March 30, 2022, to shareholders of record at the close of business on March 11, 2022.

Lear also announced the date for its 2022 Annual Stockholders Meeting, which will be held on May 19, 2022, at 9:00 a.m. EDT, via a virtual web conference. The record date for determining eligibility to vote at the 2022 Annual Meeting is March 25, 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 179 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 announced by Lear Corporation?

Lear Corporation announced a quarterly cash dividend of $0.77 per share.

When is the payment date for Lear Corporation's dividend?

The payment date for the dividend is March 30, 2022.

When is Lear Corporation's Annual Stockholders Meeting?

Lear Corporation's Annual Stockholders Meeting is scheduled for May 19, 2022.

What is the record date for the dividend?

The record date for the dividend is March 11, 2022.

What is the record date for voting at the Annual Stockholders Meeting?

The record date for voting eligibility at the Annual Stockholders Meeting is March 25, 2022.