Lear Declares Quarterly Cash Dividend
Rhea-AI Summary
Lear (NYSE: LEA), a global automotive technology leader, has announced its Board of Directors' declaration of a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend will be paid on March 26, 2025, to shareholders of record as of March 6, 2025.
Lear specializes in Seating and E-Systems, operating in 37 countries with a focus on innovation, operational excellence, and sustainability. The company serves major automakers worldwide and ranks 174 on the Fortune 500, working to provide technology for safer, smarter, and more comfortable journeys.
Positive
- Consistent dividend payment demonstrates financial stability
- Maintains quarterly dividend at $0.77 per share
- Fortune 500 company ranking (#174) indicates strong market position
- Global presence in 37 countries shows market diversification
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, LEA gained 2.27%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 37 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in
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SOURCE Lear Corporation