Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear Corporation (NYSE: LEA) announced a quarterly cash dividend of $0.25 per share, payable on March 23, 2021, to shareholders on record by March 4, 2021. The company also scheduled its 2021 Annual Stockholders Meeting for May 20, 2021, at 9:00 a.m. EDT via a virtual web conference, with a record date of March 26, 2021 for voting eligibility. Lear continues to enhance in-vehicle experiences, serving major automakers worldwide and ranking 166 on the Fortune 500.

Positive

• Declaration of a quarterly cash dividend of $0.25 per share.
• Dividend payment scheduled, providing income to shareholders.
• Scheduled 2021 Annual Stockholders Meeting promotes shareholder engagement.

Negative

• None.

SOUTHFIELD, Mich., Feb. 10, 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 March 23, 2021, to shareholders of record at the close of business on March 4, 2021.

Lear also announced the date for its 2021 Annual Stockholders Meeting, which will be held on May 20, 2021, at 9:00 a.m. EDT, via a virtual web conference. The record date for determining eligibility to vote at the 2021 Annual Meeting is March 26, 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 is the payment date for Lear's dividend?

The dividend is payable on March 23, 2021.

What is the record date to receive the dividend?

The record date for the dividend is March 4, 2021.

When is Lear Corporation's 2021 Annual Stockholders Meeting?

The Annual Stockholders Meeting is scheduled for May 20, 2021.

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

The record date for determining eligibility to vote is March 26, 2021.