Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Lennox Appoints New Director, Increases Quarterly Dividend
Dec 13, 2004
 Printable format
 Email this Article
 Search

HVAC equipment manufacturer Lennox International Inc, (LII) announced the appointment of Paul W. Schmidt as a director, effective Jan. 1, 2005. Mr. Schmidt is currently corporate controller of General Motors Corporation (GM).

"We're pleased to be able to draw on Paul's broad leadership experience in one of the world's premier manufacturing corporations," said John Norris, LII chairman. "His deep expertise in finance, plant management, product development, and international business issues will prove invaluable to LII operations around the world."

In other news, LII's board of directors voted to increase the quarterly cash dividend from $0.095 per share of common stock to $0.10 per share of common stock. The dividend is payable on Jan. 10, 2005 to stockholders of record as of Dec. 27, 2004.

"We believe dividends are an important component of total shareholder return," Mr. Norris said. "This dividend increase reflects our confidence in Lennox International's future earnings and cash flow."

Back to Daily News

 

Daily News

...........................................................

Sep 17, 2014: Appliance/Electronics Store Sales Up 1.2% So far in 2014

Sep 17, 2014: Appliance/Electronics Store Sales Up 1.2% So far in 2014

Sep 12, 2014: AHRI Suggests Changes to EPA on Proposed SNAP Amendment

Sep 12, 2014: Consumer Confidence Index Up in August

Sep 12, 2014: August 2014 Housing Starts in Canada

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows