Lennox International, Inc. (NYSE:LII) Shareholders to Collect $1.36 Quarterly Dividend

Key Points

• Lennox International declared a quarterly dividend of $1.36 per share, payable October 15 to shareholders of record on September 30. The annualized dividend is $5.44 per share, yielding approximately 1.5%.
• The company has raised its dividend for 16 consecutive years, with a 21.6% payout ratio indicating strong earnings coverage. Analysts expect a future payout ratio of about 20.9% based on projected earnings.
• Lennox reported quarterly EPS of $7.72, slightly exceeding estimates, while revenue rose 3% year over year to $1.55 billion. Shares opened at $373.53, well below their 52-week high of $587.27.

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 yield of 1.5%. The ex-dividend date is Wednesday, September 30th.

Lennox International has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 16 consecutive years. Lennox International has a payout ratio of 21.6% meaning its dividend is sufficiently covered by earnings. Equities 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 Down 0.1%

Shares of NYSE:LII opened at $373.53 on Monday. Lennox International has a 52-week low of $350.22 and a 52-week high of $587.27. The company has a fifty day moving average of $416.64 and a 200-day moving average of $476.44. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The company has a market capitalization of $12.91 billion, a PE ratio of 16.89, a price-to-earnings-growth ratio of 1.48 and a beta of 1.18.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts' consensus estimates of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same period last year, the firm posted $7.82 earnings per share. The business's revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities analysts predict that Lennox International will post 23.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Huntington National Bank boosted its stake in Lennox International by 51.8% in the fourth quarter. Huntington National Bank now owns 85 shares of the construction company's stock worth $41,000 after buying an additional 29 shares in the last quarter. Glenmede Trust Co. NA grew its position in Lennox International by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company's stock valued at $421,000 after acquiring an additional 35 shares during the last quarter. Root Financial Partners LLC raised its stake in shares of Lennox International by 137.9% during the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company's stock worth $32,000 after acquiring an additional 40 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of Lennox International by 11.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 583 shares of the construction company's stock worth $271,000 after acquiring an additional 62 shares in the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Lennox International in the 2nd quarter worth approximately $37,000. Institutional investors own 67.07% of the company's stock.

Lennox International Company Profile

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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