Lennox International Increases Dividend 19%

Lennox International (NYSE: LII) has announced a 19% increase in its quarterly cash dividend, raising it to $0.92 per share.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Lennox International (NYSE: LII) has announced a 19% increase in its quarterly cash dividend, raising it to $0.92 per share. This dividend will be paid on July 15, 2021, to stockholders on record by June 30, 2021. The decision reflects the company's commitment to returning value to its shareholders while maintaining its leadership in energy-efficient climate-control solutions. Lennox International specializes in innovative products that enhance comfort and sustainability in residential and commercial settings.

Positive

Dividend increased by 19% to $0.92 per share, reflecting strong company performance.

Negative

None.

Argus Session date unavailable

-0.41% session move Open Argus

Details

News Market Reaction – LII

The recorded move for LII in the trading session of this news was -0.41%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

05/19/2021 - 02:30 PM

DALLAS, May 19, 2021 /PRNewswire/ -- The board of directors of Lennox International Inc. (NYSE: LII) voted to increase the quarterly cash dividend 19% to $0.92 per share of common stock. The dividend is payable on July 15, 2021, to stockholders of record as of June 30, 2021.

About Lennox International

Lennox International Inc. is a global leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our air conditioning, heating, indoor air quality, and refrigeration systems. Lennox International stock is listed on the New York Stock Exchange and traded under the symbol "LII". Additional information on Lennox International is available at www.lennoxinternational.com or by contacting Steve Harrison, Vice President, Investor Relations, at 972-497-6670.

View original content to download multimedia:http://www.prnewswire.com/news-releases/lennox-international-increases-dividend-19-301295274.html

SOURCE Lennox International Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for Lennox International (LII)?

The new dividend amount is $0.92 per share.

When will the dividend be paid for Lennox International (LII)?

The dividend will be paid on July 15, 2021.

What is the record date for the dividend payment from Lennox International (LII)?

The record date for the dividend payment is June 30, 2021.

How much was the increase in the dividend for Lennox International (LII)?

The dividend was increased by 19%.

Keep reading

Lennox International Increases Dividend 19%