Reynolds Consumer Products Declares Quarterly Cash Dividend

Rhea-AI Summary

Reynolds Consumer Products Inc. announced a quarterly cash dividend of $0.23 per common share on July 29, 2021. This dividend will be paid on August 31, 2021 to shareholders on record as of August 17, 2021. Reynolds, a leading consumer products company, aims to simplify daily life and operates in 95% of U.S. households. The company maintains strong market presence with leading brand positions in categories including cooking products, waste & storage products, and disposable tableware.

Positive

• Quarterly dividend of $0.23 indicates a commitment to return income to shareholders.
• Strong market presence with #1 or #2 positions in multiple product categories.

Negative

• None.

Reynolds Consumer Products Inc. (“Reynolds” or the “Company”), announced that on July 29, 2021, its Board of Directors approved a quarterly cash dividend of $0.23 per common share. The Company expects to pay this dividend on August 31, 2021 to shareholders of record as of August 17, 2021.

About Reynolds Consumer Products Inc.

RCP’s mission is to simplify daily life so consumers can enjoy what matters most. RCP is a market-leading consumer products company with a presence in 95% of households across the United States. RCP produces and sells products across three broad categories: cooking products, waste & storage products and disposable tableware; that are sold under iconic brands such as Reynolds and Hefty, as well as under store brands that are strategically important to RCP’s customers. Overall, across both branded and store brand offerings, RCP holds the #1 or #2 U.S. market share position in the majority of product categories in which it participates.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005128/en/

FAQ

What is the dividend amount for Reynolds Consumer Products Inc. in 2021?

The dividend amount is $0.23 per common share.

When will Reynolds Consumer Products Inc. pay the dividend?

The dividend will be paid on August 31, 2021.

Who is eligible to receive the dividend from Reynolds Consumer Products Inc.?

Shareholders of record as of August 17, 2021, are eligible to receive the dividend.