Lear Declares Quarterly Cash Dividend
Rhea-AI Summary
Lear (NYSE: LEA) declared a quarterly cash dividend of $0.77 per share, payable March 25, 2026, to shareholders of record at the close of business on March 5, 2026.
This dividend reflects a routine capital return to common shareholders from Lear, a global automotive supplier focused on Seating and E-Systems, headquartered in Southfield, Michigan.
Positive
- $0.77 per share quarterly dividend declared
- Dividend payable March 25, 2026 to shareholders of record March 5, 2026
Negative
- Declared dividend creates a near-term cash outflow on March 25, 2026
News Market Reaction
On the day this news was published, LEA declined 1.55%, reflecting a mild negative market reaction. This price movement removed approximately $113M from the company's valuation, bringing the market cap to $7.20B at that time.
Data tracked by StockTitan Argus on the day of publication.
About Lear Corporation
Lear Corporation (NYSE: LEA) is a global automotive leader in Seating and E-Systems. The company designs, manufactures, and delivers advanced technologies to the world's major automakers. Building on more than 100 years of heritage, Lear is the largest
View original content to download multimedia:https://www.prnewswire.com/news-releases/lear-declares-quarterly-cash-dividend-302686900.html
SOURCE Lear Corporation