SOUTHFIELD, Michigan, Nov. 15, 2018 -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical and electronic systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.70 per share on the Company's common stock. The dividend is payable on December 26, 2018, to shareholders of record at the close of business on December 7, 2018.
Lear Corporation was founded in Detroit in 1917 as American Metal Products. Today, Lear is one of the world's leading suppliers of automotive seating and electrical and electronic systems. Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates. Lear's world-class products are designed, engineered and manufactured by a diverse team of approximately 165,000 employees located in 39 countries. Lear currently ranks #148 on the Fortune 500. Lear's headquarters are in Southfield, Michigan. Further information about Lear is available at lear.com or follow us on Twitter @LearCorporation. Lear is where passion drives possibilities.