Loews Corporation Announces Quarterly Dividend On Common Stock

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.

Positive

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

Negative

• None.

News Market Reaction – L

+0.09%

+0.09% Session move

In the trading session that priced this news, L gained 0.09%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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.

View original content:http://www.prnewswire.com/news-releases/loews-corporation-announces-quarterly-dividend-on-common-stock-301175016.html

SOURCE Loews Corporation

FAQ

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.