Lennox International As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
LII $4.40 3.8% 15.2% 19.5%
Business yield Hike yrs 5 yr CAGR freq. paid since
Climate Control Solutions 1.2% 14 11.4% Quarter 1999

Lennox International (LII) will increase its quarterly dividend by 20.0 percent to $0.36 per share in 2015. This follows a 25.0 percent dividend hike, or six cents to 30 cents quarterly, in the previous year by the HVACR maker.

Lennox International Inc. is a provider of climate control solutions. The company designs, manufactures and markets products for the heating, ventilation, air conditioning and refrigeration (“HVACR”) markets. The company's business segments are Residential Heating & Cooling, Commercial Heating & Cooling and Refrigeration. Lennox International was founded in 1895, in Marshalltown, Iowa, by Dave Lennox, the owner of a machine repair business for railroads. He designed and patented a riveted steel coal-fired furnace, which led to numerous advancements in heating, cooling and climate control solutions.