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. It operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment and accessories, comfort control products, and replacement parts and supplies for residential replacement and new construction markets. The Commercial Heating & Cooling segment offers unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, and variable refrigerant flow commercial products for light commercial markets. The Refrigeration segment offers condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, and refrigeration rack systems for preserving food and other perishables in supermarkets, convenience stores, restaurants, warehouses, and distribution centers, as well as for data centers, machine tooling, and other cooling applications; and compressor racks and industrial process chillers. The company sells its products and services through direct sales, distributors, and company-owned parts and supplies stores. Lennox International Inc. was founded in 1895 and is headquartered in Richardson, Texas.
Lennox International Dividend Announcement
• Lennox International announced a quarterly dividend of $1.15 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Lennox International annual dividend for 2024 was $3.40
• Lennox International annual dividend for 2023 was $4.36
• Lennox International's trailing twelve-month (TTM) dividend yield is 0.66%
• Lennox International's payout ratio for the trailing twelve months (TTM) is 36.18%
• Lennox International's dividend growth over the last five years (2018-2023) was 12.40% year
• Lennox International's dividend growth over the last ten years (2013-2023) was 16.83% year
Lennox International Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-30 | $1.15 | quarterly | 2024-10-15 |
| 2024-06-28 | $1.15 | quarterly | 2024-07-15 |
| 2024-03-27 | $1.10 | quarterly | 2024-04-15 |
| 2023-12-28 | $1.10 | quarterly | 2024-01-17 |
| 2023-08-30 | $1.10 | quarterly | 2023-09-15 |
| 2023-06-29 | $1.10 | quarterly | 2023-07-14 |
| 2023-03-30 | $1.06 | quarterly | 2023-04-14 |
| 2022-12-29 | $1.06 | quarterly | 2023-01-13 |
| 2022-08-30 | $1.06 | quarterly | 2022-09-15 |
| 2022-06-29 | $1.06 | quarterly | 2022-07-15 |
| 2022-03-30 | $0.92 | quarterly | 2022-04-15 |
| 2021-12-30 | $0.92 | quarterly | 2022-01-14 |
| 2021-09-29 | $0.92 | quarterly | 2021-10-15 |
| 2021-06-29 | $0.92 | quarterly | 2021-07-15 |
| 2021-03-30 | $0.77 | quarterly | 2021-04-15 |
| 2020-12-30 | $0.77 | quarterly | 2021-01-15 |
| 2020-09-30 | $0.77 | quarterly | 2020-10-15 |
| 2020-06-29 | $0.77 | quarterly | 2020-07-15 |
| 2020-03-31 | $0.77 | quarterly | 2020-04-15 |
| 2019-12-30 | $0.77 | quarterly | 2020-01-15 |
| 2019-09-30 | $0.77 | quarterly | 2019-10-15 |
| 2019-06-27 | $0.77 | quarterly | 2019-07-15 |
| 2019-03-29 | $0.64 | quarterly | 2019-04-15 |
| 2018-12-28 | $0.64 | quarterly | 2019-01-15 |
| 2018-09-27 | $0.64 | quarterly | 2018-10-15 |
| 2018-06-28 | $0.64 | quarterly | 2018-07-13 |
| 2018-03-29 | $0.51 | quarterly | 2018-04-13 |
| 2017-12-28 | $0.51 | quarterly | 2018-01-16 |
| 2017-09-28 | $0.51 | quarterly | 2017-10-16 |
| 2017-06-28 | $0.51 | quarterly | 2017-07-17 |
| 2017-03-29 | $0.43 | quarterly | 2017-04-17 |
| 2016-12-28 | $0.43 | quarterly | 2017-01-17 |
| 2016-09-28 | $0.43 | quarterly | 2016-10-14 |
| 2016-06-28 | $0.43 | quarterly | 2016-07-15 |
| 2016-03-29 | $0.36 | quarterly | 2016-04-15 |
| 2015-12-29 | $0.36 | quarterly | 2016-01-15 |
| 2015-09-29 | $0.36 | quarterly | 2015-10-15 |
| 2015-06-26 | $0.36 | quarterly | 2015-07-15 |
| 2015-03-27 | $0.30 | quarterly | 2015-04-15 |
| 2014-12-29 | $0.30 | quarterly | 2015-01-15 |
| 2014-09-29 | $0.30 | quarterly | 2014-10-15 |
| 2014-06-26 | $0.30 | quarterly | 2014-07-15 |
| 2014-03-27 | $0.24 | quarterly | 2014-04-15 |
| 2013-12-27 | $0.24 | quarterly | 2014-01-15 |
| 2013-10-01 | $0.24 | quarterly | 2013-10-15 |
| 2013-06-26 | $0.24 | quarterly | 2013-07-15 |
| 2013-03-26 | $0.20 | quarterly | 2013-04-15 |
Lennox International Dividend per year
Lennox International Dividend growth
Lennox International Dividend Yield
Lennox International current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Lennox International stock? Use our calculator to estimate your expected dividend yield:
Lennox International Financial Ratios
P/E ratio32.04
PEG ratio3.79
P/B ratio32.03
ROE151.84%
Payout ratio36.18%
Current ratio1.39
Quick ratio0.87
Cash Ratio0.18
Lennox International Dividend FAQ
How much is the next Lennox International dividend?
Lennox International's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lennox International dividend. The next Lennox International dividend will be released in March, June, August, or December.
When is Lennox International dividend paid?
Lennox International pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Lennox International pay?
The specific amount of Lennox International dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lennox International's dividend history.
Does Lennox International stock pay dividends?
Yes, Lennox International does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lennox International's dividend history.
How much dividend does Lennox International pay?
Lennox International paid $3.4 in 2024, $4.36 in 2023, $4.1 in 2022, $3.53 in 2021, and $3.08 in 2020.
How often does Lennox International pay dividends?
Lennox International typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and December.
What is Lennox International's dividend yield?
The current dividend yield for Lennox International is 0.66%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Lennox International's exact dividend yield.
When does Lennox International go ex dividend?
Lennox International's ex-dividend date for the latest dividend was on 2024-09-30. Lennox International typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Lennox International dividend paid?
Lennox International pays dividends on a quarterly basis, typically around March, June, August, or December, but the exact dates can vary each year.
Will Lennox International increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Lennox International will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Lennox International dividend per share?
Lennox International paid $3.4 per share in 2024 and $4.36 per share in 2023. The amount of dividend per share that Lennox International pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Lennox International a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lennox International a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lennox International a dividend stock?
Yes, Lennox International is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lennox International a good dividend stock?
Whether Lennox International is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lennox International has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Lennox International 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.
Other factors to consider when evaluating Lennox International 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.
Does Lennox International pay dividends monthly?
Lennox International typically pays dividends on a quarterly basis.
Does Lennox International pay dividends quarterly?
Lennox International currently pays dividends on a quarterly basis.
Has Lennox International ever paid a dividend?
Yes, Lennox International has a history of paying dividends to its shareholders. Lennox International is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lennox International dividend stocks?
To buy Lennox International you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Lennox International stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Lennox International stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Lennox International pay dividends 2024?
Lennox International pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Lennox International increase its dividend in 2024?
Decisions regarding Lennox International dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Lennox International dividend overview you can look into the above table of dividend history.
How Lennox International dividend works?
The Lennox International dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Lennox International's dividend process works:
1. Determination of Dividend: Lennox International'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, Lennox International 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, Lennox International 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 Lennox International 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. Determination of Dividend: Lennox International'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, Lennox International 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, Lennox International 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 Lennox International 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.
How are Lennox International dividends paid?
Lennox International dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Lennox International 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, Lennox International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lennox International 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.
1. Record Date: Lennox International 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, Lennox International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lennox International 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.
How many times does Lennox International pay dividends?
Lennox International typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Lennox International pay dividends?
The general pattern is that Lennox International pays dividends around March, June, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lennox International dividend safe?
The safety of Lennox International's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Lennox International'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 Lennox International'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.
To assess the safety of Lennox International'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 Lennox International'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.