- Lear Corp ((NYSE: LEA) Board has authorized a 54% increase in its quarterly cash dividend from $0.50 to $0.77 per share.
- The raised dividend is payable on December 29, 2021, to shareholders of record on December 10, 2021.
- “We are pleased to announce an increase in our quarterly cash dividend, which returns the dividend to pre-pandemic levels,” said Gregory C. Smith, Lear’s Non-Executive Chairman.
- The company held $1.1 billion in cash and equivalents as of September 30, 2021.
- Price Action: LEA shares are trading higher by 0.15% at $181.25 on the last check Thursday.
Vital Farms Earlier Reported Q2 Sales $82.87M Beat $79.84M Estimate
Vital Farms (NASDAQ:VITL) reported quarterly sales of $82.87 million which beat the analyst consensus estimate of $79.84 million by 3.80 percent. This is a 37.37 percent increase over sales of $60.32 million the same