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The Estée Lauder Companies Inc. Declares Quarterly Dividend of $.60 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Estée Lauder Companies Inc. (NYSE: EL) has announced a quarterly dividend of $.60 per share for both Class A and Class B Common Stock. This dividend will be paid on June 15, 2022, to shareholders on record by the close of business on May 31, 2022. The company is a leading global manufacturer and marketer of skincare, makeup, fragrance, and haircare products, distributing its brands in around 150 countries.
Positive
Quarterly dividend of $.60 per share enhances shareholder income.
Company demonstrates strong financial capability by continuing dividend payments.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.60 per share on the Company’s Class A Common Stock and Class B Common Stock on June 15, 2022 to stockholders of record at the close of business on May 31, 2022.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced and Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.