Reynolds Consumer Products Declares Quarterly Cash Dividend

Rhea-AI Summary

Reynolds Consumer Products Inc. has declared a quarterly cash dividend of $0.23 per common share. This dividend will be paid on November 30, 2021, to shareholders of record as of November 16, 2021. With a presence in 95% of U.S. households, Reynolds is a leader in consumer products, including cooking, waste, and disposable tableware, holding a top market share in most categories. The dividend reflects the company's commitment to shareholder value and financial health.

Positive

• Quarterly cash dividend of $0.23 demonstrates strong financial health.
• Company's market presence in 95% of U.S. households indicates robust consumer demand.
• Leadership in multiple product categories enhances investor confidence.

Negative

• None.

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (“Reynolds” or the “Company”), announced that on October 28, 2021, 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, 2021 to shareholders of record as of November 16, 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/20211029005102/en/

Investors

Mark Swartzberg

Mark.Swartzberg@reynoldsbrands.com

(847) 482-4081



Media

Kate Ottavio Kent

Kate.OttavioKent@icrinc.com

(203) 682-8276

Source: Reynolds Consumer Products Inc.

FAQ

What is the dividend amount Reynolds Consumer Products Inc. announced?

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

When will the dividend be paid by Reynolds Consumer Products Inc.?

The dividend will be paid on November 30, 2021.

Who are the shareholders eligible for the dividend from Reynolds?

Shareholders of record as of November 16, 2021, are eligible for the dividend.

What does Reynolds Consumer Products Inc. do?

Reynolds is a market leader in consumer products, producing cooking, waste, and disposable tableware products.