Loews Corporation (L) To Go Ex-Dividend on August 19th

Loews Corporation (NYSE:L) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Wednesday, August 19th will be given a dividend of 0.0625 per share by the insurance provider on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, August 19th.

Loews Trading Up 0.1%

Shares of Loews stock opened at $113.11 on Monday. Loews has a fifty-two week low of $94.36 and a fifty-two week high of $121.01. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.36 and a current ratio of 0.36. The firm has a market capitalization of $23.12 billion, a price-to-earnings ratio of 13.86 and a beta of 0.52. The stock has a 50 day moving average of $113.33 and a 200 day moving average of $109.96.

Loews (NYSE:L) last announced its quarterly earnings results on Monday, August 3rd. The insurance provider reported $2.16 EPS for the quarter. The business had revenue of $4.73 billion for the quarter. Loews had a return on equity of 8.60% and a net margin of 9.02%.

About Loews

Loews Corporation (NYSE: L) is a diversified holding company that owns and operates businesses across insurance, hospitality, energy-related operations and other industrial and investment activities. The company holds controlling and significant minority interests in subsidiaries that run as standalone businesses, with corporate oversight focused on capital allocation, risk management and long-term value creation for shareholders.

One of Loews’ principal businesses is insurance, conducted through CNA Financial, a commercial property and casualty insurer that underwrites a range of business insurance products for corporate and institutional clients.