Lennox Declares Quarterly Dividend

Rhea-AI Summary

The board of directors of Lennox (NYSE: LII), a leading provider in the heating, air conditioning, and refrigeration sector, has declared a quarterly cash dividend of $1.06 per share. This dividend will be payable on April 14, 2023, to stockholders of record as of March 31, 2023. The company emphasizes its commitment to sustainability and energy-efficient solutions that lower carbon footprints while enhancing comfort for its residential and commercial customers.

Positive

• Quarterly cash dividend of $1.06 reflects company confidence and commitment to returning income to shareholders.
• Payment date of April 14, 2023, promotes investor interest and trust.

Negative

• None.

DALLAS, March 17, 2023 /PRNewswire/ -- The board of directors of Lennox (NYSE: LII), a global leader in the heating, air conditioning, and refrigeration markets, approved a quarterly cash dividend of $1.06 per share of common stock, payable April 14, 2023, to stockholders of record as of March 31, 2023. 

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennoxinternational.com or by contacting, Investor Relations, 972-497-6670, investor@lennoxintl.com 

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SOURCE Lennox International Inc.

FAQ

What is the dividend amount declared by Lennox for March 2023?

Lennox declared a quarterly cash dividend of $1.06 per share.

When will the Lennox dividend be paid?

The dividend will be paid on April 14, 2023.

What is the record date for Lennox's dividend?

The record date for the dividend is March 31, 2023.

How does the dividend impact shareholders of Lennox?

The dividend provides a return of income to shareholders and signals company confidence.