DALLAS, May 20, 2024
/PRNewswire/ -- The board of directors of Lennox (NYSE: LII), a
leader in energy-efficient climate-control solutions, approved a
4.5% increase in the quarterly dividend from $1.10 to $1.15 per
share of common stock, payable July 15,
2024, to stockholders of record as of June 28,
2024.
"Our latest dividend increase is a result of consistently
executing our strategy, driving margin improvements and generating
solid cash flow. Our investments in expanded manufacturing capacity
and sustainable products enhance our performance and
competitiveness in the marketplace," said Lennox Chief Financial
Officer Michael Quenzer. "We believe
that our proactive growth and margin optimization strategies will
continue to maximize value and deliver returns to our
shareholders."
ABOUT LENNOX
Lennox (NYSE: LII) is a leader in energy-efficient climate-control
solutions. Dedicated to sustainability and creating comfortable and
healthier environments for our residential and commercial customers
while reducing their carbon footprint, we lead the field in
innovation with our cooling, heating, indoor air quality, and
refrigeration systems. Additional information on Lennox is
available at www.lennox.com or by
contacting investor@lennox.com.
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SOURCE Lennox International Inc.