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LOEWS CORPORATION ANNOUNCES QUARTERLY DIVIDEND ON COMMON STOCK

Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share on its Common Stock.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share on its Common Stock. This dividend will be payable on August 30, 2022, to shareholders of record by the close of business on August 17, 2022. Loews operates in diversified sectors including insurance, energy, hospitality, and packaging, reflecting its broad market interests.

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Positive

  • Quarterly dividend of $0.0625 per share enhances shareholder income.

Negative

  • None.
Argus Session date unavailable
-0.56% session move Open Argus
Details

News Market Reaction – L

The recorded move for L in the trading session of this news was -0.56%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable August 30, 2022 to shareholders of record as of the close of business on August 17, 2022.

Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information please visit www.loews.com.

Cision View original content:https://www.prnewswire.com/news-releases/loews-corporation-announces-quarterly-dividend-on-common-stock-301598128.html

SOURCE Loews Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Loews Corporation?

Loews Corporation declared a quarterly dividend of $0.0625 per share.

When will the dividend be paid?

The dividend will be paid on August 30, 2022.

When is the record date for the Loews Corporation dividend?

The record date for the dividend is August 17, 2022.

How often does Loews Corporation pay dividends?

Loews Corporation typically pays dividends quarterly.

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