Lear Declares Quarterly Cash Dividend

Rhea-AI Summary

Lear (NYSE: LEA), a global automotive technology leader, has announced a quarterly cash dividend of $0.77 per share on its common stock. The dividend will be payable on September 23, 2024, to shareholders of record at the close of business on September 4, 2024. Lear, headquartered in Southfield, Michigan, specializes in Seating and E-Systems for the automotive industry. The company operates in 38 countries and is ranked 174 on the Fortune 500. Lear's focus on innovation, operational excellence, and sustainability aims to provide superior in-vehicle experiences for consumers worldwide.

Positive

• Consistent dividend payment indicates financial stability
• Quarterly dividend of $0.77 per share provides income for shareholders
• Global presence in 38 countries suggests diversified revenue streams
• Ranked 174 on Fortune 500 list, indicating significant market position

Negative

• None.

SOUTHFIELD, Mich., Aug. 15, 2024 /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 September 23, 2024, to shareholders of record at the close of business on September 4, 2024.

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 38 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 174 on the Fortune 500. Further information about Lear is available at lear.com.                                                  

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SOURCE Lear Corporation

FAQ

What is Lear 's (LEA) latest quarterly dividend amount?

Lear (LEA) has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.

When is the payment date for Lear 's (LEA) latest dividend?

The dividend is payable on September 23, 2024, to shareholders of record at the close of business on September 4, 2024.

What are Lear 's (LEA) main business segments?

Lear (LEA) is a global automotive technology leader specializing in Seating and E-Systems.

How many countries does Lear (LEA) operate in?

Lear (LEA) operates in 38 countries with a diverse team of talented employees.