Lennox International, Inc. (LII) to Issue Quarterly Dividend of $1.36 on July 15th

Lennox International, Inc. (NYSE:LII) declared a quarterly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 30th will be given a dividend of 1.36 per share by the construction company on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, June 30th. This is a 4.6% increase from Lennox International’s previous quarterly dividend of $1.30.

Lennox International has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 16 consecutive years. Lennox International has a dividend payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Lennox International to earn $26.58 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 19.6%.

Lennox International Price Performance

Lennox International stock opened at $484.30 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. Lennox International has a 52 week low of $434.06 and a 52 week high of $689.44. The stock has a market capitalization of $16.85 billion, a P/E ratio of 21.80, a price-to-earnings-growth ratio of 1.84 and a beta of 1.22. The stock has a fifty day moving average of $488.57 and a 200-day moving average of $502.55.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the firm earned $3.63 EPS. Lennox International’s revenue was up 5.8% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, sell-side analysts expect that Lennox International will post 24.28 earnings per share for the current fiscal year.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.