Lennox International hikes dividend by 19.4% Dividendhike.com | Dividend News and Statistics for US Equities

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

Lennox International hikes dividend by 19.4%

Thursday 12 May 2016

Lennox International (LII) will raise its quarterly dividend by 19.4 percent to $0.43 per share in 2016. Last year the HVACR company increased its dividend by six cents to 36 cents per share quarterly.

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.

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