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Loews (L) 3-Year Dividend Growth Rate

: 0.00% (As of Dec. 2023)
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Loews's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for Loews's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Loews was 26.20% per year. The lowest was 1.40% per year. And the median was 6.95% per year.

L's 3-Year Dividend Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 6.3
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Loews's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.03. As of today, Loews's Dividend Yield % is 0.34%.

Warning Sign:

Loews Corp stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance - Property & Casualty subindustry, Loews's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Loews 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Loews's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Loews's 3-Year Dividend Growth Rate falls into.



Loews 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Loews  (NYSE:L) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Loews's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.063/ 1.98
=0.03

During the past 13 years, the highest Dividend Payout Ratio of Loews was 0.51. The lowest was 0.04. And the median was 0.09.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Loews Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0632024-02-202024-02-212024-03-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.0632023-11-212023-11-222023-12-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.0632023-08-152023-08-162023-08-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0632023-05-232023-05-242023-06-06Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Loews's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.252/75.30
=0.33 %

Current Share Price is $75.30.
Loews's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.252.

During the past 13 years, the highest Dividend Yield of Loews was 0.85%. The lowest was 0.32%. And the median was 0.53%.

Warning Sign:

Loews Corp stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Loews 3-Year Dividend Growth Rate Related Terms>


Loews (L) Business Description

Industry
Traded in Other Exchanges
Address
667 Madison Avenue, New York, NY, USA, 10065-8087
Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels.
Executives
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Jonathan M Tisch director, officer: Co-Ch. of Bd/Off. of the Pres. 667 MADISON AVENUE, NEW YORK NY 10021-8087
Ann E Berman director 255 STATE STREET, BOSTON MA 02109
Anthony Welters director
Paul J Fribourg director 667 MADISON AVE, NEW YORK NY 10021
Walter L Harris director TANENBAUM HARBER CO, 320 W 57TH STREET, NEW YORK NY 10019
Charles M Diker director ONE NEW YORK PLAZA, NEW YORK NY 10004
Joseph L Bower director 667 MADISON AVE, NEW YORK NY 10021
Kenneth I Siegel officer: Senior Vice President 667 MADISON AVENUE, NEW YORK NY 10065
Jonathan C Locker director C/O LOEWS CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Charles D Davidson director QUANTUM ENERGY PARTNERS, 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Richard Waldo Scott officer: SVP & Chief Investment Officer 667 MADISON AVENUE, NEW YORK NY 10065
Benjamin J Tisch officer: Sr. VP, Corp Dev and Strategy 667 MADISON AVE, NEW YORK NY 10065
Marc A Alpert officer: Sr. VP, Gen. Coun. & Secy. 667 MADISON AVENUE, NEW YORK NY 10065
Mark S Schwartz officer: V.P., C.A.O. and Treasurer C/O LOEWS CORPORATION, 667 MADISON AVENUE, NEW YORK NY 10065-8087

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