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

Lennox International, Inc. (NYSE:LII) announced a quarterly dividend on Friday, March 20th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 1.30 per share by the construction company on Wednesday, April 15th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st.

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

Shares of LII traded down $8.84 during midday trading on Friday, hitting $468.37. 493,030 shares of the company traded hands, compared to its average volume of 485,904. The stock has a market cap of $16.30 billion, a price-to-earnings ratio of 21.06, a PEG ratio of 1.84 and a beta of 1.16. The firm has a 50 day moving average of $525.41 and a 200-day moving average of $516.38. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 1.60. Lennox International has a 52 week low of $443.19 and a 52 week high of $689.44.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.27 billion. Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The company’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period last year, the firm posted $5.60 earnings per share. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, analysts forecast that Lennox International will post 22.94 EPS for the current fiscal year.

About Lennox International

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.