Reynolds Consumer Products Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Reynolds Consumer Products (Nasdaq: REYN) has announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend will be paid on February 28, 2025, to shareholders who are on record as of February 14, 2025.

Positive

• Maintained quarterly dividend of $0.23 per share, demonstrating financial stability
• Consistent shareholder return policy through regular dividend payments

Negative

• None.

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Reynolds Consumer Products Inc. (Nasdaq: REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable February 28, 2025, to shareholders of record on February 14, 2025.

About Reynolds Consumer Products Inc.

Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes for cooking, serving, cleanup and storage. Iconic brands include Reynolds Wrap^® aluminum foil and Hefty^® tableware and trash bags, as well as dedicated store brands which are strategically important to retail customers. Overall, Reynolds Consumer Products holds the No. 1 or No. 2 U.S. market share position in the majority of product categories it serves. For more information, visit https://investors.reynoldsconsumerproducts.com/.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20250130051503/en/

Investor Contact

Mark Swartzberg

Mark.Swartzberg@reynoldsbrands.com

(847) 482-4081

Source: Reynolds Consumer Products Inc.

FAQ

What is the amount of Reynolds Consumer Products' Q1 2025 dividend?

Reynolds Consumer Products (REYN) has declared a quarterly dividend of $0.23 per common share for Q1 2025.

When is the ex-dividend date for Reynolds Consumer Products' (REYN) Q1 2025 dividend?

The record date is February 14, 2025, meaning the ex-dividend date will be one business day before the record date.

When will Reynolds Consumer Products (REYN) pay its Q1 2025 dividend?

The dividend payment date is scheduled for February 28, 2025.

What is Reynolds Consumer Products' (REYN) current dividend yield based on the $0.23 quarterly payment?

The dividend yield would need to be calculated based on the current stock price and the annual dividend of $0.92 ($0.23 x 4 quarters).