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

Rhea-AI Summary

Spectrum Brands Holdings, Inc. (NYSE: SPB) declared a quarterly dividend of $0.42 per share on Common Stock payable on June 18, 2024. The company aims to make living better at home through its innovative products and solutions under various trusted brands.

Positive

• Spectrum Brands Holdings, Inc. declared a quarterly dividend of $0.42 per share, showcasing financial stability and commitment to rewarding shareholders.

• The company's focus on delivering innovative products and solutions to consumers for use in and around the home highlights its dedication to meeting customer needs.

• Spectrum Brands Holdings offers a broad portfolio of market-leading, well-known brands, enhancing its market presence and competitive advantage.

Negative

• The dividend payout of $0.42 per share may indicate a lack of significant growth opportunities or reinvestment plans within the company.

• Dependence on a wide range of product categories may pose a challenge in maintaining a focused business strategy and brand identity.

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 June 18, 2024 to shareholders of record as of May 28, 2024.

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 specialty pet supplies, lawn and garden and home pest control products, personal insect repellents, shaving and grooming products, personal care products, and small household appliances. Helping to meet the needs of consumers worldwide, Spectrum Brands offers a broad portfolio of market-leading, well-known and widely trusted brands including Tetra®, DreamBone®, SmartBones®, Nature’s Miracle®, 8-in-1®, FURminator®, Healthy-Hide®, Good Boy®, Meowee!®, OmegaOne®, Spectracide®, Cutter®, Repel®, Hot Shot®, Rejuvenate®, Black Flag®, Liquid Fence®, Remington®, George Foreman®, Russell Hobbs®, BLACK + DECKER®, PowerXL®, Emeril Lagasse®, and Copper Chef®. For more information, please visit www.spectrumbrands.com. Spectrum Brands – A Home Essentials Company™.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240506052559/en/

Investor/Media Contact:

Joanne Chomiak

608-275-4458

Source: Spectrum Brands Holdings, Inc.

FAQ

When is the quarterly dividend payable for Spectrum Brands Holdings, Inc. (SPB)?

The quarterly dividend of $0.42 per share is payable on June 18, 2024.

What is the record date for shareholders to receive the quarterly dividend from Spectrum Brands Holdings, Inc. (SPB)?

Shareholders of record as of May 28, 2024, will be eligible to receive the quarterly dividend.

What is Spectrum Brands Holdings, Inc.'s (SPB) mission?

Spectrum Brands focuses on making living better at home by offering innovative products and solutions to consumers for use in and around the home through trusted brands.

What are some of the product categories Spectrum Brands Holdings, Inc. (SPB) operates in?

Spectrum Brands operates in specialty pet supplies, lawn and garden products, home pest control, personal care products, small household appliances, and more.

Where can I find more information about Spectrum Brands Holdings, Inc. (SPB)?

For more information, visit www.spectrumbrands.com for details on the company's brands and offerings.