By the close of today, December 05, 2023, Loews L will issue a dividend payout of $0.06 per share, resulting in an annualized dividend yield of 0.38%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on November 21, 2023.
Loews Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-21 | 4 | $0.06 | 0.38% | 2023-11-07 | 2023-11-22 | 2023-12-05 |
| 2023-08-15 | 4 | $0.06 | 0.4% | 2023-08-01 | 2023-08-16 | 2023-08-29 |
| 2023-05-23 | 4 | $0.06 | 0.43% | 2023-05-09 | 2023-05-24 | 2023-06-06 |
| 2023-02-21 | 4 | $0.06 | 0.41% | 2023-02-07 | 2023-02-22 | 2023-03-07 |
| 2022-11-22 | 4 | $0.06 | 0.45% | 2022-11-08 | 2022-11-23 | 2022-12-06 |
| 2022-08-16 | 4 | $0.06 | 0.45% | 2022-08-02 | 2022-08-17 | 2022-08-30 |
| 2022-05-24 | 4 | $0.06 | 0.4% | 2022-05-10 | 2022-05-25 | 2022-06-07 |
| 2022-02-22 | 4 | $0.06 | 0.41% | 2022-02-08 | 2022-02-23 | 2022-03-08 |
| 2021-11-23 | 4 | $0.06 | 0.43% | 2021-11-09 | 2021-11-24 | 2021-12-07 |
| 2021-08-17 | 4 | $0.06 | 0.47% | 2021-08-03 | 2021-08-18 | 2021-08-31 |
| 2021-05-25 | 4 | $0.06 | 0.43% | 2021-05-11 | 2021-05-26 | 2021-06-08 |
| 2021-02-23 | 4 | $0.06 | 0.52% | 2021-02-09 | 2021-02-24 | 2021-03-09 |
Loews's dividend yield falls in the middle range when compared to its industry peers, with Fidelity National Finl FNF having the highest annualized dividend yield at 4.22%.
Analyzing Loews Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company maintained a consistent dividend per share of $0.25. This signifies the company's dedication to a stable dividend policy, which is reassuring for shareholders seeking reliable returns on their investments.
YoY Earnings Growth For Loews
The earnings chart illustrates an increase in Loews's earnings per share, from $3.05 in 2019 to $4.00 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article takes an in-depth look at Loews's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.06 per share today, translating to an annualized dividend yield of 0.38%.
Loews's dividend yield falls in the middle range when compared to its industry peers, with Fidelity National Finl having the highest annualized dividend yield at 4.22%.
Despite no adjustment in the dividend per share over the period of 2019 to 2022, the consistent growth in earnings per share for Loews indicates a sound financial status, which could enable the company to continue sharing profits with its investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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