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, approved by its Board of Directors on October 27, 2022. This dividend is set to be paid on November 30, 2022 to shareholders on record as of November 16, 2022.

With a mission to simplify daily life, Reynolds is a leading consumer products company with a presence in 95% of U.S. households. The company holds a #1 or #2 U.S. market share in most product categories it participates in.

Positive

• Quarterly cash dividend of $0.23 provides income for shareholders.
• High market presence with products in 95% of U.S. households.
• Strong market positioning with #1 or #2 share in major categories.

Negative

• None.

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (“Reynolds” or the “Company”), announced that on October 27, 2022, its Board of Directors approved a quarterly cash dividend of $0.23 per common share. The Company expects to pay this dividend on November 30, 2022 to shareholders of record as November 16, 2022.

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.

REYN-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20221027006028/en/

Investors

Mark Swartzberg

Mark.Swartzberg@reynoldsbrands.com

(847) 482-4081

Media

Jessica Liddell

ReynoldsPR@icrinc.com

(203) 682-8200

Source: Reynolds Consumer Products Inc.

FAQ

What is the amount of the dividend announced by REYN?

Reynolds Consumer Products Inc. announced a cash dividend of $0.23 per common share.

When will the dividend for REYN be paid?

The dividend is expected to be paid on November 30, 2022.

What is the record date for the REYN dividend?

The record date for the dividend is November 16, 2022.

How often does REYN pay dividends?

Reynolds Consumer Products Inc. pays dividends quarterly.