Newell Brands Declares Dividend on Common Stock

Rhea-AI Summary

Newell Brands Inc. (NASDAQ: NWL) has declared a quarterly cash dividend of $0.23 per share, payable on December 15, 2022. Shareholders on record as of the close of business on November 30, 2022 will receive the dividend. This action reflects the company's commitment to returning value to its investors, amidst a backdrop of strong brand portfolio including Rubbermaid and Sharpie.

Positive

• Declared quarterly cash dividend of $0.23 per share, indicating financial stability.
• Dividend payment reflects commitment to returning value to shareholders.

Negative

• None.

ATLANTA--(BUSINESS WIRE)-- Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable December 15, 2022 to common stockholders of record at the close of business on November 30, 2022.

About Newell Brands

Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer’s, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Contigo, Oster, Sunbeam and Mr. Coffee. Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.

This press release and additional information about Newell Brands are available on the company’s website, www.newellbrands.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221114006052/en/

Investors:

Sofya Tsinis

VP, Investor Relations

+1 (201) 610-6901

sofya.tsinis@newellco.com

Media:

Beth Stellato

Chief Communications Officer

+1 (470) 580-1086

beth.stellato@newellco.com

 

Source: Newell Brands Inc.

FAQ

What is the dividend amount for Newell Brands (NWL)?

Newell Brands has declared a dividend of $0.23 per share.

When will the dividend be paid for NWL?

The dividend will be paid on December 15, 2022.

What is the record date for the NWL dividend?

The record date for the dividend is November 30, 2022.

How often does Newell Brands pay dividends?

Newell Brands pays dividends quarterly.

Is the dividend from Newell Brands sustainable?

The sustainability of the dividend depends on the company's financial performance and cash flow.