Lennox International Increases Dividend 18 Percent
DALLAS, Dec. 11 /PRNewswire-FirstCall/ -- The board of directors of Lennox International Inc. (NYSE: LII) voted to increase the quarterly cash dividend 18 percent, from $0.11 per share of common stock to $0.13 per share of common stock. The dividend is payable on January 12, 2007 to stockholders of record as of December 27, 2006.
"Lennox International's strong financial condition positions us well to continue to build shareholder value, and we are pleased to improve the return to our stockholders through this dividend increase," said Rich Thompson, LII chairman.
Operating in over 100 countries, 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 Bill Moltner, 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.