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SOUTHFIELD, Mich. - Automotive technology company Lear Corporation (NYSE:LEA) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the company’s common stock. The dividend represents a 3.0% yield at current prices, with InvestingPro data showing the company has maintained dividend payments for 15 consecutive years.
The dividend will be payable on December 30, 2025, to shareholders of record at the close of business on December 10, 2025, according to a company press release.
Lear Corporation, based in Southfield, Michigan, specializes in automotive seating and electrical systems. The company designs and manufactures technologies for major automakers globally.
As the largest U.S.-based automotive supplier, Lear has been operating for more than 100 years in the automotive industry. The company focuses on developing solutions for vehicle comfort, safety, and efficiency.
In other recent news, Lear Corporation’s third-quarter earnings for 2025 exceeded market expectations. The company reported adjusted earnings per share of $2.79, slightly above the anticipated $2.78. Revenue also surpassed predictions, coming in at $5.7 billion compared to the expected $5.64 billion. Despite these positive financial results, Lear’s stock saw a premarket decline. Additionally, TD Cowen raised its price target for Lear to $117 from $115, maintaining a Hold rating on the stock. This adjustment followed what TD Cowen described as a "mixed" third-quarter performance for the company. These developments highlight the recent activities surrounding Lear Corporation.
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