Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
Lear Dividend Announcement
• Lear announced a quarterly dividend of $0.77 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-04
• Lear annual dividend for 2024 was $2.31
• Lear annual dividend for 2023 was $3.08
• Lear's trailing twelve-month (TTM) dividend yield is 4.0%
• Lear's payout ratio for the trailing twelve months (TTM) is 32.34%
• Lear's dividend growth over the last five years (2018-2023) was 1.92% year
• Lear's dividend growth over the last ten years (2013-2023) was 16.31% year
Lear Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | $0.77 | quarterly | 2024-09-23 |
2024-06-06 | $0.77 | quarterly | 2024-06-25 |
2024-03-07 | $0.77 | quarterly | 2024-03-27 |
2023-12-05 | $0.77 | quarterly | 2023-12-26 |
2023-08-30 | $0.77 | quarterly | 2023-09-19 |
2023-06-08 | $0.77 | quarterly | 2023-06-28 |
2023-03-09 | $0.77 | quarterly | 2023-03-29 |
2022-12-06 | $0.77 | quarterly | 2022-12-27 |
2022-08-31 | $0.77 | quarterly | 2022-09-20 |
2022-06-09 | $0.77 | quarterly | 2022-06-29 |
2022-03-10 | $0.77 | quarterly | 2022-03-30 |
2021-12-09 | $0.77 | quarterly | 2021-12-29 |
2021-09-01 | $0.50 | quarterly | 2021-09-21 |
2021-06-10 | $0.25 | quarterly | 2021-06-30 |
2021-03-03 | $0.25 | quarterly | 2021-03-23 |
2020-12-09 | $0.25 | quarterly | 2020-12-29 |
2020-02-27 | $0.77 | quarterly | 2020-03-18 |
2019-12-05 | $0.75 | quarterly | 2019-12-26 |
2019-08-28 | $0.75 | quarterly | 2019-09-17 |
2019-06-06 | $0.75 | quarterly | 2019-06-26 |
2019-02-28 | $0.75 | quarterly | 2019-03-20 |
2018-12-06 | $0.70 | quarterly | 2018-12-26 |
2018-08-29 | $0.70 | quarterly | 2018-09-18 |
2018-06-07 | $0.70 | quarterly | 2018-06-27 |
2018-03-06 | $0.70 | quarterly | 2018-03-26 |
2017-12-07 | $0.50 | quarterly | 2017-12-27 |
2017-08-29 | $0.50 | quarterly | 2017-09-19 |
2017-06-07 | $0.50 | quarterly | 2017-06-28 |
2017-03-01 | $0.50 | quarterly | 2017-03-23 |
2016-12-07 | $0.30 | quarterly | 2016-12-30 |
2016-08-30 | $0.30 | quarterly | 2016-09-22 |
2016-06-08 | $0.30 | quarterly | 2016-06-30 |
2016-02-29 | $0.30 | quarterly | 2016-03-23 |
2015-12-09 | $0.25 | quarterly | 2015-12-30 |
2015-08-31 | $0.25 | quarterly | 2015-09-21 |
2015-06-03 | $0.25 | quarterly | 2015-06-24 |
2015-03-02 | $0.25 | quarterly | 2015-03-23 |
2014-12-09 | $0.20 | quarterly | 2014-12-30 |
2014-09-03 | $0.20 | quarterly | 2014-09-24 |
2014-06-04 | $0.20 | quarterly | 2014-06-25 |
2014-02-26 | $0.20 | quarterly | 2014-03-20 |
2013-12-04 | $0.17 | quarterly | 2013-12-26 |
2013-09-04 | $0.17 | quarterly | 2013-09-25 |
2013-06-05 | $0.17 | quarterly | 2013-06-26 |
2013-02-27 | $0.17 | quarterly | 2013-03-20 |
Lear Dividend per year
Lear Dividend growth
Lear Dividend Yield
Lear current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Lear stock? Use our calculator to estimate your expected dividend yield:
Lear Financial Ratios
Lear Dividend FAQ
Other factors to consider when evaluating Lear as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lear's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lear publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lear distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lear are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lear sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lear distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lear declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lear's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lear's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.