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The Estée Lauder Companies Inc. Declares Quarterly Dividend of $.66 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The Estée Lauder Companies Inc. (NYSE: EL) announced a quarterly dividend of $.66 per share, payable on March 15, 2023, to stockholders of record by the close of business on February 28, 2023.
As a leading manufacturer in the beauty industry, Estée Lauder markets products across various segments, including skincare, makeup, and fragrance, under renowned brands like Estée Lauder, MAC, Clinique, and La Mer, available in approximately 150 countries.
Positive
Quarterly dividend of $.66 per share highlights company’s commitment to returning income to shareholders.
Strong brand portfolio with presence in approximately 150 countries may enhance revenue opportunities.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The Estée Lauder Companies Inc. (NYSE: EL) will pay a quarterly dividend of $.66 per share on the Company’s Class A and Class B Common Stock on March 15, 2023 to stockholders of record at the close of business on February 28, 2023.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers 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, M·A·C, La Mer, Bobbi Brown, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD BEAUTY, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, and the DECIEM family of brands, including The Ordinary and NIOD.