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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, set to be paid on June 7, 2022.

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, set to be paid on June 7, 2022. Shareholders of record as of May 25, 2022 will be eligible for this dividend. Loews operates across various sectors, including insurance, energy, hospitality, and packaging.

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Positive

  • Quarterly dividend of $0.0625 per share announced, providing income to shareholders.

Negative

  • None.
Argus Session date unavailable
-0.55% session move Open Argus
Details

News Market Reaction – L

The recorded move for L in the trading session of this news was -0.55%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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NEW YORK, May 10, 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 June 7, 2022 to shareholders of record as of the close of business on May 25, 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-301544146.html

SOURCE Loews Corporation

FAQ

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

What is the dividend amount announced by Loews Corporation on May 10, 2022?

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

When will the dividend be paid to shareholders?

The dividend will be paid on June 7, 2022.

What is the record date for receiving the dividend from Loews Corporation?

The record date for the dividend is May 25, 2022.

How often does Loews Corporation pay dividends?

Loews Corporation typically pays dividends quarterly.

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