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

Lennox International, Inc. (NYSE:LII) announced a quarterly dividend on Friday, December 5th. Investors of record on Wednesday, December 31st will be paid a dividend of 1.30 per share by the construction company on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, December 31st.

Lennox International has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. Lennox International has a payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Equities research 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

Lennox International stock traded up $7.19 during midday trading on Friday, hitting $511.92. 247,144 shares of the company’s stock were exchanged, compared to its average volume of 421,659. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.80 and a current ratio of 1.68. The stock has a market cap of $17.95 billion, a price-to-earnings ratio of 21.61, a price-to-earnings-growth ratio of 1.94 and a beta of 1.16. Lennox International has a 12-month low of $443.19 and a 12-month high of $689.44. The firm’s 50 day simple moving average is $503.20 and its 200 day simple moving average is $552.39.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the firm posted $6.68 EPS. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. Equities research analysts predict that Lennox International will post 22.94 EPS for the current year.

Lennox International Company Profile

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.