Loews Corporation (NYSE:L) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.0625 per share is scheduled to be paid on December 8, 2020. The dividend yield based on the latest trading day closing price was 0.58 percent. Shareholders who purchased L shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Loews Corporation
Loews Corporation recently reported third quarter financial results on November 2, 2020, before market open, provider of commercial property and casualty insurance outlined income for the third quarter of $ 0.50 per share, from the revenue of $ 3,465.00 million. The quarterly earnings gained 108.33 percent while revenues contracted 5.71 percent compared with the same quarter last year.
Stock Performance
Shares of Loews Corporation traded low $ -0.25 or -0.58 percent on Thursday, reaching $ 42.82 with volume of 825.30 thousand shares. Loews Corporation has traded high as $ 42.94 and has cracked $ 41.87 on the downward trend
According to the previous trading day, closing price of $ 42.82, representing a 57.59 % increase from the 52 week low of $ 27.33 and a 24.28 % decrease over the 52 week high of $ 56.88.
The company has a market capital of $ 11.77 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States and internationally. It operates through CNA Financial Corporation; Diamond Offshore Drilling, Inc.; Boardwalk Pipeline Partners, LP; and Loews Hotels Holding Corporation segments. The company offers specialty insurance products, such as management and professional liability insurance coverages and products; surety and fidelity bonds; and warranty and alternative risk services.