Lennox Keeps Dividend Steady
HVAC specialist Lennox International announced today its third-quarter dividend of $0.24 per share, the same rate it paid last quarter after hiking by 20% the quarterly payout to investors from $0.20 per share.
The board of directors said the quarterly dividend is payable on October 15 to holders of record at the close of business on October 3. The regular dividend payment equates to a $0.96-per-share annual dividend, yielding 1.3% based on the closing price today of Lennox International's stock.
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