Lennox International Increases Dividend 8 Percent
DALLAS, Dec. 10 /PRNewswire-FirstCall/ -- The board of directors of Lennox International Inc. (NYSE: LII) voted to increase the quarterly cash dividend 8 percent, from $0.13 per share of common stock to $0.14 per share of common stock. The dividend is payable on January 18, 2008 to stockholders of record as of December 28, 2007.
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"In recognition of our strong financial position in a challenging market environment and our confidence in the future of the company, the LII board of directors has voted to increase our dividend and improve the return to our shareholders," said Rich Thompson, LII chairman.
Lennox International Inc. is a global leader in the heating, ventilation, air conditioning, and refrigeration markets. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII". Additional information is available at: http://www.lennoxinternational.com or by contacting Karen Fugate, vice president, investor relations, at 972-497-6670.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see LII's publicly available filings with the Securities and Exchange Commission. LII disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Lennox International Inc.
CONTACT: Karen Fugate, vice president, investor relations of Lennox
International Inc., +1-972-497-6670