Dividend Growth of Lear Corporation(LEA)

Lear Corporation(LEA) is having a Dividend Yield of 0.84% with the Annual cash Dividend per share of $1.2. The last quarter cash dividend per share pay out was $0.3. Lear Corporation has a 5 year average dividend yield of 1.04% and the stock has a Indicated annual dividend of $1.2. Lear Corporation(LEA) formally announced its most recent dividend on February 13, 2017 with a Dividend per share of $0.5. The new indicated annual dividend based on announced dividend per share is $2. The dividend yield based on the forward looking indicated annual dividend is 1.39%. Lear Corporation(LEA) has the most recent dividend payout ratio of 0.09 with a 5-year average payout ratio of 0.11. The 5 year historical dividend growth of Lear Corporation(LEA) is at the rate of 20.18% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Lear Corporation (NYSE:LEA) witnessed a decline in the market cap on Thursday as its shares dropped 1.22% or 1.75 points. After the session commenced at $143.64, the stock reached the higher end at $144 while it hit a low of $141.17. With the volume soaring to 633,026 shares, the last trade was called at $141.86. The company has a 52-week high of $148.49. The company has a market cap of $9,850 million and there are 69,431,643 shares in outstanding. The 52-week low of the share price is $96.64. Shares of Lear Corporation appreciated by 1% during the last five trading days but lost 0.25% on a 4-week basis. Lear Corporation is up 13.45% in the last 3-month period. Year-to-Date the stock performance stands at 7.17%.

Currently the company Insiders own 0.33% of Lear Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -45.84% . Institutional Investors own 97.32% of Lear Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -39.47%. Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Terrence B Larkin (EVP, Business Dev & Gen Cnsl) sold 4,020 shares at 134.24 per share price.On Dec 8, 2016, Donald L Runkle (director) sold 3,900 shares at 132.22 per share price.On Dec 5, 2016, Thomas P Capo (director) sold 1,000 shares at 131.82 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 12, 2017 to Equal Weight, Raises Price Target to $ 138 from a previous price target of $134 .

Lear Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $3.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.31. Analyst had a consensus of $3.49. The company had revenue of $4643.50 million for the quarter, compared to analysts expectations of $4739.57 million. The companys revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.20 EPS.

Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan.


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