Lennox International Raises Quarterly Dividend to $1.36 Per Share
LII is trading near its 52-week low of $434.06 (11% above the low) on light trading volume (0.4× avg).
Summary
Lennox International announced an increase in its quarterly dividend to $1.36 per share, payable July 15, 2026. This decision signals management's confidence in the company's financial stability and commitment to shareholder returns. The dividend increase follows recent first-quarter results that showed revenue growth but a decline in net income, alongside the disclosure of a new antitrust class action lawsuit.
At the time of this announcement, LII was trading at $480.07 on NYSE in the Manufacturing sector, with a market capitalization of approximately $16.7B. The 52-week trading range was $434.06 to $689.44. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.