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Fortune Brands Increases Quarterly Dividend

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Fortune Brands Innovations (NYSE: FBIN) has announced a quarterly cash dividend increase from $0.24 to $0.25 per common share. The dividend will be payable on March 12, 2025, to stockholders of record as of February 21, 2025. This increase reflects the Board's confidence in the company's long-term cash flow potential and supports their strategy of utilizing free cash flow to build shareholder value through business investments, accretive acquisitions, and cash returns to shareholders.

Fortune Brands is an innovation company focused on home products, security, and commercial building markets, with a portfolio including brands such as Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, and Yale residential.

Fortune Brands Innovations (NYSE: FBIN) ha annunciato un aumento del dividendo in contante trimestrale da $0.24 a $0.25 per azione comune. Il dividendo sarà pagabile il 12 marzo 2025, agli azionisti registrati al 21 febbraio 2025. Questo incremento riflette la fiducia del Consiglio nel potenziale di flusso di cassa a lungo termine dell'azienda e supporta la loro strategia di utilizzare il flusso di cassa libero per aumentare il valore per gli azionisti attraverso investimenti aziendali, acquisizioni accrescitrici e ritorni di cassa agli azionisti.

Fortune Brands è un'azienda innovativa focalizzata sui prodotti per la casa, la sicurezza e i mercati degli edifici commerciali, con un portafoglio che include marchi come Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe e Yale residenziale.

Fortune Brands Innovations (NYSE: FBIN) ha anunciado un aumento del dividendo en efectivo trimestral de $0.24 a $0.25 por acción común. El dividendo se pagará el 12 de marzo de 2025, a los accionistas registrados a partir del 21 de febrero de 2025. Este aumento refleja la confianza de la Junta en el potencial de flujo de caja a largo plazo de la empresa y apoya su estrategia de utilizar el flujo de caja libre para aumentar el valor para los accionistas a través de inversiones empresariales, adquisiciones que generen ingresos y retornos en efectivo a los accionistas.

Fortune Brands es una empresa de innovación centrada en productos para el hogar, seguridad y mercados de construcción comercial, con un portafolio que incluye marcas como Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe y Yale residencial.

Fortune Brands Innovations (NYSE: FBIN)은 분기 현금 배당금 인상을 $0.24에서 $0.25로 증가한다고 발표했습니다. 배당금은 2025년 3월 12일에 지급되며, 2025년 2월 21일 기준 주주에게 지급됩니다. 이 증가는 회사의 장기 현금 흐름 잠재력에 대한 이사회 신뢰를 반영하고, 사업 투자, 수익성 있는 인수 및 주주에 대한 현금 반환을 통해 주주 가치를 높이는 전략을 지원합니다.

Fortune Brands는 주택 제품, 보안 및 상업 건축 시장에 초점을 맞춘 혁신 회사로, Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe 및 Yale 주거 브랜드와 같은 브랜드 포트폴리오를 보유하고 있습니다.

Fortune Brands Innovations (NYSE: FBIN) a annoncé une augmentation du dividende en espèces trimestriel de 0,24 $ à 0,25 $ par action ordinaire. Le dividende sera payable le 12 mars 2025 aux actionnaires inscrits au 21 février 2025. Cette augmentation reflète la confiance du Conseil dans le potentiel de flux de trésorerie à long terme de la société et soutient leur stratégie d'utilisation du flux de trésorerie disponible pour accroître la valeur pour les actionnaires grâce à des investissements dans l'entreprise, des acquisitions accretives et des retours en espèces aux actionnaires.

Fortune Brands est une entreprise innovante axée sur les produits pour la maison, la sécurité et les marchés de la construction commerciale, avec un portefeuille comprenant des marques telles que Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe et Yale résidentiel.

Fortune Brands Innovations (NYSE: FBIN) hat eine Erhöhung der vierteljährlichen Bar-Dividende von $0.24 auf $0.25 pro Stammaktie angekündigt. Die Dividende wird am 12. März 2025 an die Aktionäre, die am 21. Februar 2025 registriert sind, ausgezahlt. Diese Erhöhung spiegelt das Vertrauen des Vorstands in das langfristige Cashflow-Potenzial des Unternehmens wider und unterstützt ihre Strategie, den freien Cashflow zu nutzen, um den Aktionärswert durch Unternehmensinvestitionen, wertsteigernde Übernahmen und Rückflüsse an die Aktionäre zu steigern.

Fortune Brands ist ein Innovationsunternehmen, das sich auf Haushaltsprodukte, Sicherheit und den kommerziellen Bauwesenmarkt konzentriert und ein Portfolio mit Marken wie Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe und Yale Wohnprodukten umfasst.

Positive
  • Dividend increase of 4.2% from $0.24 to $0.25 per share
  • Board's confidence in long-term cash flow potential
  • Demonstrated commitment to returning value to shareholders
Negative
  • None.

DEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company whose purpose is to elevate every life by transforming spaces into havens, today announced that on December 9, 2024, its Board of Directors declared a quarterly cash dividend of $0.25 per common share. The dividend is payable on March 12, 2025, to stockholders of record as of the close of business on February 21, 2025.

The increase in the quarterly dividend, from $0.24 to $0.25, represents the Board’s continued confidence in the Company’s long-term cash flow potential and its support of the Company’s broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands’ businesses, pursuing accretive acquisitions and returning cash to shareholders.

About Fortune Brands Innovations

Fortune Brands Innovations, Inc. is an industry-leading innovation company dedicated to creating smarter, safer and more beautiful homes and improving lives. The Company’s driving purpose is to elevate every life by transforming spaces into havens.

The Company is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Company’s portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN. To learn more, visit www.FBIN.com.

INVESTOR AND MEDIA CONTACT:

Leigh Avsec

847-484-4211

Investor.Questions@fbin.com

Source: Fortune Brands Innovations, Inc.

FAQ

What is Fortune Brands' (FBIN) new quarterly dividend amount?

Fortune Brands' new quarterly dividend is $0.25 per common share, increased from $0.24.

When will Fortune Brands (FBIN) pay its next dividend?

The dividend will be paid on March 12, 2025, to stockholders of record as of February 21, 2025.

What is the dividend record date for Fortune Brands' (FBIN) March 2025 payment?

The dividend record date is February 21, 2025.

By how much did Fortune Brands (FBIN) increase its quarterly dividend?

Fortune Brands increased its quarterly dividend by $0.01, from $0.24 to $0.25 per share, representing a 4.2% increase.

Fortune Brands Innovations, Inc.

NYSE:FBIN

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8.60B
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93.62%
1.94%
Building Products & Equipment
Millwood, Veneer, Plywood, & Structural Wood Members
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United States of America
DEERFIELD