Newell Brands Declares Dividend on Common Stock

Rhea-AI Summary

Newell Brands Inc. (NASDAQ: NWL) announced a quarterly cash dividend of $0.23 per share, payable on March 15, 2022 to stockholders of record by the close of business on February 28, 2022. This decision underscores the company's commitment to providing returns to its shareholders while maintaining a robust portfolio of renowned brands, such as Rubbermaid and Graco. For more details, visit www.newellbrands.com.

Positive

• Declaration of a quarterly cash dividend of $0.23 per share.
• Dividend demonstrates commitment to shareholder returns.

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 March 15, 2022 to common stockholders of record at the close of business on February 28, 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, First Alert, Spontex, Coleman, Campingaz, 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/20220203005930/en/

Investors:

Sofya Tsinis

VP, Investor Relations

+1 (201) 610-6901

sofya.tsinis@newellco.com

Media:

Beth Stellato

VP, Corporate Communications, Events & Philanthropy

+1 (470) 580-1086

beth.stellato@newellco.com

Source: Newell Brands

FAQ

What is the dividend amount declared by Newell Brands (NWL)?

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

When will the dividend for NWL be paid?

The dividend will be payable on March 15, 2022.

Who is eligible to receive the NWL dividend?

Common stockholders of record at the close of business on February 28, 2022, are eligible.

How often does Newell Brands (NWL) pay dividends?

Newell Brands typically pays dividends quarterly.

Is the dividend payment by Newell Brands sustainable?

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