Lear Declares Quarterly Cash Dividend

SOUTHFIELD, Mich., May 18, 2017 /PRNewswire/ -- Lear Corporation LEA, a leading global supplier of automotive seating and electrical systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share on the Company's common stock. The dividend is payable on June 28, 2017 to shareholders of record at the close of business on June 9, 2017.

Lear Corporation LEA was founded in Detroit in 1917 as American Metal Products. In 2017, the Company will celebrate its 100th year anniversary. Lear is one of the world's leading suppliers of automotive seating systems and electrical distribution systems (E-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 150,000 employees located in 37 countries. Lear currently ranks #154 on the Fortune 500. Lear's headquarters are in Southfield, Michigan. Further information about Lear is available at http://www.lear.com or follow us on Twitter @LearCorporation.

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SOURCE Lear Corporation