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

Rhea-AI Summary

Spectrum Brands Holdings, Inc. (NYSE: SPB) has declared a quarterly dividend of $0.42 per share on its common stock. This dividend will be paid on June 10, 2021 to stockholders of record as of the close of business on May 20, 2021.

As a leading home-essentials company, Spectrum Brands focuses on delivering innovative products, with fiscal 2020 net sales reaching approximately $4.0 billion. The company offers a broad portfolio of trusted brands across various household categories.

Positive

• Quarterly dividend declared at $0.42 per share, enhancing shareholder income.
• Strong fiscal 2020 performance with 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 June 10, 2021 to stockholders of record as of the close of business on May 20, 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®, Marineland®, Nature’s Miracle®, Dingo®, 8-in-1®, FURminator®, IAMS® and Eukanuba® (Europe only), Digest-eeze™, Healthy-Hide®, Littermaid®, Good Boy®, Meowee!® , Wildbird®, Wafcol®, OmegaOne®, OmegaSea®, Spectracide®, Cutter®, Repel®, Hot Shot®, 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/20210504005158/en/

FAQ

What is the dividend amount announced by SPB?

Spectrum Brands announced a quarterly dividend of $0.42 per share.

When is the dividend payable for Spectrum Brands stock?

The dividend is payable on June 10, 2021.

What is the record date for Spectrum Brands' dividend?

Stockholders of record must hold shares by the close of business on May 20, 2021.

How much were SPB's net sales in fiscal 2020?

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