Loews Corporation Announces Quarterly Dividend On Common Stock

Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share of Common Stock, scheduled for payment on June 8, 2021.

Rhea-AI Summary

Loews Corporation (NYSE: L) has declared a quarterly dividend of $0.0625 per share of Common Stock, scheduled for payment on June 8, 2021. Shareholders must be on record by the close of business on May 26, 2021 to receive this dividend. Loews Corporation operates in diversified sectors including insurance, energy, hospitality, and packaging, reflecting its robust business model. This dividend announcement underscores the company’s commitment to returning value to its shareholders while maintaining a diverse portfolio.

Positive

• Quarterly dividend declared at $0.0625 per share
• Payment scheduled for June 8, 2021
• Strong diversified business model across multiple sectors

Negative

• None.

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News Market Reaction – L

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NEW YORK, May 11, 2021 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable June 8, 2021 to shareholders of record as of the close of business on May 26, 2021.

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

View original content:http://www.prnewswire.com/news-releases/loews-corporation-announces-quarterly-dividend-on-common-stock-301288853.html

SOURCE Loews Corporation

FAQ

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

What is the dividend amount for Loews Corporation (L)?

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

When will the dividend be paid to shareholders of Loews (L)?

The dividend will be payable on June 8, 2021.

What is the record date for receiving the dividend for Loews Corporation (L)?

Shareholders must be on record by May 26, 2021, to receive the dividend.

How often does Loews Corporation (L) pay dividends?

Loews Corporation typically pays dividends quarterly.