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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, set to be payable on December 8, 2020.

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, set to be payable on December 8, 2020. Shareholders of record as of the close of business on November 25, 2020 will receive this dividend. Loews Corporation operates in various sectors including insurance, energy, hospitality, and packaging, highlighting its diverse business portfolio.

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Positive

  • Declared quarterly dividend of $0.0625 per share
  • Demonstrates ongoing shareholder returns

Negative

  • None.
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+0.09% session move Open Argus
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News Market Reaction – L

The recorded move for L in the trading session of this news was +0.09%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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NEW YORK, Nov. 17, 2020 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable December 8, 2020 to shareholders of record as of the close of business on November 25, 2020.

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:http://www.prnewswire.com/news-releases/loews-corporation-announces-quarterly-dividend-on-common-stock-301175016.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 (L)?

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

When is the dividend payable to shareholders of Loews Corporation (L)?

The dividend is payable on December 8, 2020.

Who qualifies for the dividend from Loews Corporation (L)?

Shareholders of record as of the close of business on November 25, 2020, qualify for the dividend.

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