Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear Corporation (NYSE: LEA) Announces Quarterly Cash Dividend of $0.77 per Share

Positive

• Lear Corporation declares a quarterly cash dividend of $0.77 per share on its common stock, indicating financial stability and commitment to rewarding shareholders.

Negative

• None.

SOUTHFIELD, Mich., Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.  The dividend is payable on December 26, 2023, to shareholders of record at the close of business on December 6, 2023.

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 Southfield, Michigan, serves every major automaker in the world and ranks 189 on the Fortune 500. Further information about Lear is available at lear.com.                                                  

View original content to download multimedia:https://www.prnewswire.com/news-releases/lear-declares-quarterly-cash-dividend-301987854.html

SOURCE Lear Corporation

What is the dividend amount declared by Lear Corporation?

Lear Corporation has declared a quarterly cash dividend of $0.77 per share on its common stock.

When is the dividend payable to shareholders?

The dividend is payable on December 26, 2023.

Who is eligible to receive the dividend?

Shareholders of record at the close of business on December 6, 2023, are eligible to receive the dividend.