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

Rhea-AI Summary

Spectrum Brands Holdings (NYSE: SPB) announced a quarterly dividend of $0.42 per share on its common stock. This dividend will be payable on September 28, 2021, to shareholders of record as of the close of business on August 31, 2021. The company, known for its diverse portfolio of essential home products, reported fiscal 2020 net sales of approximately $4.0 billion.

Positive

• Quarterly dividend of $0.42 per share announced.
• Dividends provide direct income to shareholders.
• Strong sales performance with 2020 net sales of approximately $4.0 billion.

Negative

• None.

Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Company’s common stock. The dividend is payable on September 28, 2021 to stockholders of record as of the close of business on August 31, 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/20210803006083/en/

FAQ

What is the dividend amount declared by Spectrum Brands (SPB)?

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

When will the dividend be paid to shareholders of Spectrum Brands (SPB)?

The dividend will be payable on September 28, 2021.

What is the record date for the dividend payment of Spectrum Brands (SPB)?

The record date for the dividend payment is August 31, 2021.

What were Spectrum Brands' net sales for fiscal 2020?

Spectrum Brands reported net sales of approximately $4.0 billion for fiscal 2020.