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4-Traders Homepage  >  Equities  >  Nyse  >  Loews Corporation    L

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LOEWS CORP : Loews Corporation Announces Quarterly Dividend on Common Stock

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08/09/2011 | 06:25pm CEST

Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable September 14, 2011 to shareholders of record on September 1, 2011.

Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary; Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP), a 64% owned subsidiary; and Loews Hotels, a wholly owned subsidiary.

Loews Corporation
Peter W. Keegan, 212-521-2950
Chief Financial Officer
or
Darren Daugherty, 212-521-2788
Investor Relations
or
Candace Leeds, 212-521-2416
Public Affairs


© Business Wire 2011
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Financials ($)
Sales 2017 13 442 M
EBIT 2017 2 326 M
Net income 2017 976 M
Debt 2017 -
Yield 2017 0,53%
P/E ratio 2017 16,08
P/E ratio 2018 15,31
Capi. / Sales 2017 1,19x
Capi. / Sales 2018 1,17x
Capitalization 15 976 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 45,0 $
Spread / Average Target -5,2%
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Managers
NameTitle
James S. Tisch President, Chief Executive Officer & Director
Andrew H. Tisch Co-Chairman
Jonathan M. Tisch Co-Chairman
David B. Edelson Chief Financial Officer & Senior Vice President
Herb E. Hoffmann Vice President-Information Technology
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