Lennox International, Inc. (NYSE:LII) to Issue Quarterly Dividend of $1.30

Key Points

• Lennox International, Inc. has declared a quarterly dividend of $1.30 per share, with a yield of 1.0%, scheduled for distribution on October 15th to investors of record by September 30th.
• The company has reported strong earnings, with $7.82 per share for the last quarter, surpassing analysts' expectations, and anticipates future earnings of $25.70 per share next year.
• Institutional investors own 67.07% of Lennox International's stock, highlighting increased confidence in the company's performance, with notable stakes raised by firms like GAMMA Investing LLC and Amundi.

Lennox International, Inc. (NYSE:LII - Get Free Report) declared a quarterly dividend on Friday, September 19th, RTT News reports. Investors of record on Tuesday, September 30th will be paid a dividend of 1.30 per share by the construction company on Wednesday, October 15th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 30th.

Lennox International has a payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Lennox International to earn $25.70 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 20.2%.

Lennox International Stock Performance

LII traded down $5.83 during trading on Monday, reaching $533.81. The company's stock had a trading volume of 420,924 shares, compared to its average volume of 380,579. Lennox International has a 52-week low of $500.10 and a 52-week high of $689.44. The company's fifty day moving average price is $588.59 and its 200-day moving average price is $574.18. The company has a market capitalization of $18.75 billion, a price-to-earnings ratio of 22.99, a price-to-earnings-growth ratio of 1.74 and a beta of 1.11. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The construction company reported $7.82 earnings per share for the quarter, beating analysts' consensus estimates of $6.90 by $0.92. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.83 EPS. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. On average, equities analysts forecast that Lennox International will post 22.94 earnings per share for the current fiscal year.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.