At the end of January 17, 2024, Lennox Intl LII will reward its shareholders with a dividend payout of $1.10 per share, demonstrating an annualized dividend yield of 1.05%. Remember, only investors who held the stock before the ex-dividend date on December 28, 2023 will receive this payout.
Lennox Intl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-28 | 4 | $1.1 | 1.05% | 2023-12-08 | 2023-12-29 | 2024-01-17 |
| 2023-08-30 | 4 | $1.1 | 1.3% | 2023-07-14 | 2023-08-31 | 2023-09-15 |
| 2023-06-29 | 4 | $1.1 | 1.52% | 2023-05-15 | 2023-06-30 | 2023-07-14 |
| 2023-03-30 | 4 | $1.06 | 1.73% | 2023-03-17 | 2023-03-31 | 2023-04-14 |
| 2022-12-29 | 4 | $1.06 | 1.63% | 2022-12-09 | 2022-12-30 | 2023-01-13 |
| 2022-08-30 | 4 | $1.06 | 1.94% | 2022-07-08 | 2022-08-31 | 2022-09-15 |
| 2022-06-29 | 4 | $1.06 | 2.09% | 2022-05-19 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | 4 | $0.92 | 1.44% | 2022-03-11 | 2022-03-31 | 2022-04-15 |
| 2021-12-30 | 4 | $0.92 | 1.12% | 2021-12-10 | 2021-12-31 | 2022-01-14 |
| 2021-09-29 | 4 | $0.92 | 1.18% | 2021-09-16 | 2021-09-30 | 2021-10-15 |
| 2021-06-29 | 4 | $0.92 | 1.08% | 2021-05-19 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.77 | 1.05% | 2021-03-12 | 2021-03-31 | 2021-04-15 |
When comparing Lennox Intl's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Johnson Controls Intl JCI having the highest annualized dividend yield at 2.82%.
Analyzing Lennox Intl 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
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $3.08 to $4.36, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Lennox Intl
From 2020 to 2023, Lennox Intl experienced a growth in earnings per share, with an increase from $9.51 to $16.98. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we delve into Lennox Intl's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $1.10 per share today, resulting in an annualized dividend yield of 1.05%.
When comparing Lennox Intl's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Johnson Controls Intl having the highest annualized dividend yield at 2.82%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Lennox Intl appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Track real-time stock fluctuations for Lennox Intl on Benzinga.](https://www.benzinga.com/quote/Lennox Intl (NYSE: LII))
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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