Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.42 Per Share

Rhea-AI Summary

Spectrum Brands Holdings (NYSE: SPB) declared a quarterly dividend of $0.42 per share, payable on December 14, 2021. Stockholders of record as of November 22, 2021 will receive this dividend. Spectrum Brands is a leader in home essentials with a diverse portfolio, including brands such as Kwikset®, Black+Decker®, and George Foreman®. The company generated approximately $4.0 billion in net sales for fiscal 2020.

Positive

• Declared a quarterly dividend of $0.42 per share, enhancing shareholder value.
• Strong revenue generation with approximately $4.0 billion in net sales for fiscal 2020.

Negative

• None.

MIDDLETON, Wis.--(BUSINESS WIRE)-- Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Common Stock of the Company. The dividend is payable on December 14, 2021 to stockholders of record as of the close of business on November 22, 2021.

About Spectrum Brands Holdings, Inc.

Spectrum Brands Holdings is a home-essentials company with a mission to make living better at home. We focus on delivering innovative products and solutions to consumers for use in and around the home through our trusted brands. We are a leading supplier of residential locksets, residential builders’ hardware, plumbing, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, and personal insect repellents. Helping to meet the needs of consumers worldwide, Spectrum Brands offers a broad portfolio of market-leading, well-known and widely trusted brands including Kwikset®, Weiser®, Baldwin®, National Hardware®, Pfister®, Remington®, George Foreman®, Russell Hobbs®, Black+Decker®, Tetra®, DreamBone®, SmartBones®, Nature’s Miracle®, 8-in-1®, FURminator®, Healthy-Hide®, Good Boy®, Meowee!® , OmegaOne®, OmegaSea®, Spectracide®, Cutter®, Repel®, Hot Shot®, Rejuvenate®, Black Flag®, and Liquid Fence®. Spectrum Brands, a member of the Russell 1000 index, generated fiscal 2020 net sales of approximately $4.0 billion.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211109006407/en/

Investor/Media Contact:

Jeremy Smeltser

608-275-4917

Source: Spectrum Brands Holdings, Inc.

FAQ

What is the dividend amount declared by Spectrum Brands Holdings?

Spectrum Brands Holdings declared a quarterly dividend of $0.42 per share.

When is the dividend payable for Spectrum Brands (SPB)?

The dividend is payable on December 14, 2021.

What is the record date for the dividend of Spectrum Brands?

The record date for the dividend is November 22, 2021.

How much revenue did Spectrum Brands generate in fiscal 2020?

Spectrum Brands generated approximately $4.0 billion in net sales for fiscal 2020.