Lennox International Increases Dividend 19%

Rhea-AI Summary

Lennox International (NYSE: LII) has announced a 19% increase in its quarterly cash dividend, raising it to $0.92 per share. This dividend will be paid on July 15, 2021, to stockholders on record by June 30, 2021. The decision reflects the company's commitment to returning value to its shareholders while maintaining its leadership in energy-efficient climate-control solutions. Lennox International specializes in innovative products that enhance comfort and sustainability in residential and commercial settings.

Positive

• Dividend increased by 19% to $0.92 per share, reflecting strong company performance.

Negative

• None.

DALLAS, May 19, 2021 /PRNewswire/ -- The board of directors of Lennox International Inc. (NYSE: LII) voted to increase the quarterly cash dividend 19% to $0.92 per share of common stock. The dividend is payable on July 15, 2021, to stockholders of record as of June 30, 2021. 

About Lennox International

Lennox International Inc. is a global 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 air conditioning, heating, indoor air quality, and refrigeration systems. Lennox International stock is listed on the New York Stock Exchange and traded under the symbol "LII". Additional information on Lennox International is available at www.lennoxinternational.com or by contacting Steve Harrison, Vice President, Investor Relations, at 972-497-6670.

 

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SOURCE Lennox International Inc.

FAQ

What is the new dividend amount for Lennox International (LII)?

The new dividend amount is $0.92 per share.

When will the dividend be paid for Lennox International (LII)?

The dividend will be paid on July 15, 2021.

What is the record date for the dividend payment from Lennox International (LII)?

The record date for the dividend payment is June 30, 2021.

How much was the increase in the dividend for Lennox International (LII)?

The dividend was increased by 19%.