Lennox International: HVAC Business In The Right Place At The Right Time

Jason Fieber Investing Group Follow Summary Lennox is now a $14.5 billion (by market cap) HVAC leader employing more than 5,000 people. Lennox has increased its dividend for 17 consecutive years. Lennox has been a consistent dividend grower for nearly two decades already, which is impressive. Lennox has a very good financial position. Its long-term debt/equity ratio is 1, while the interest coverage ratio is over 22. The P/E ratio has recently dropped to 19.7. That compares favorably to its own five-year average of 23. KangeStudio/iStock via Getty Images Lennox International Inc. ( LII ) is an American multinational provider of HVAC products. Founded in 1895, Lennox is now a $14.5 billion (by market cap) HVAC leader employing more than 5,000 people. The company reports results across two segments, differentiating between residential This article was written by Jason Fieber 4.26K Followers Follow Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportunities.