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Lennox sets quarterly dividend at $1.10 per share

EditorNatashya Angelica
Published 03/15/2024, 11:16 AM
© Reuters.

DALLAS - Lennox International Inc. (NYSE: NYSE:LII), a provider of climate-control solutions, has announced a quarterly cash dividend of $1.10 per share. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024.

The company, known for its energy-efficient heating, cooling, indoor air quality, and refrigeration systems, emphasizes its commitment to sustainability and reducing the carbon footprint of residential and commercial customers. This dividend declaration reflects Lennox's ongoing financial performance and its practice of returning value to its stockholders.

The announcement of the dividend is a routine part of Lennox's financial calendar and is based on the board of directors' approval. Dividends are a way for companies to distribute a portion of their earnings back to shareholders, and Lennox's consistent dividend payments highlight its stable financial position in the market.

As an industry leader in innovation, Lennox has a significant presence in the climate-control market. The company's focus on creating comfortable and healthier environments aligns with the growing global demand for sustainable solutions.

This dividend announcement is based on a press release statement from Lennox International Inc. and provides investors and the market with key information on the company's financial distributions. It is a reflection of Lennox's performance and strategic financial management, which are of interest to current and potential investors.

Stockholders of Lennox can expect the dividend to be distributed in mid-April, following the record date at the end of March. The company's stock performance and future dividends are subject to various market conditions and the company's financial results.

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Lennox International Inc. trades on the New York Stock Exchange under the ticker symbol LII. For more information on Lennox and its offerings, interested parties can refer to the company's website.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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