Lennox International, Inc. (NYSE:LII – Get Free Report) declared a quarterly dividend on Friday, September 18th. Investors of record on Wednesday, September 30th will be given a dividend of $1.36 per share by the construction company on Thursday, October 15th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, September 30th.
Lennox International has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 16 years. Lennox International has a dividend payout ratio of 21.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Lennox International to earn $25.98 per share next year, which means the company should continue to be able to cover its $5.44 annual dividend with an expected future payout ratio of 20.9%.
Lennox International Stock Performance
Shares of LII stock opened at $373.53 on Monday. The stock has a market capitalization of $12.91 billion, a PE ratio of 16.89, a PEG ratio of 1.48 and a beta of 1.18. The business’s 50 day simple moving average is $416.64 and its 200 day simple moving average is $476.44. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. Lennox International has a one year low of $350.22 and a one year high of $587.27.
About Lennox International
Lennox International Inc (NYSE:LII) designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.
The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.
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