Lennox raises dividend 20 percent to 24 cents

Heating, ventilation products maker Lennox raises dividend by 4 cents to 24 cents

DALLAS (AP) -- Lennox International Inc., which makes heating, ventilation, air conditioning and refrigeration products, is raising its quarterly dividend to 24 cents from 20 cents.

That's a 20 percent increase. Lennox last raised its dividend in fall 2012.

The company said Wednesday that its next dividend is payable July 15 to shareholders of record on June 28.