Tempur Sealy Announces Fourth Quarter Cash Dividend

Rhea-AI Summary

Tempur Sealy International (NYSE: TPX) has declared a $0.10 cash dividend per share for the fourth quarter, payable on December 1, 2022, to shareholders who are on record as of November 17, 2022. This announcement reflects the company's ongoing commitment to returning value to its shareholders. Tempur Sealy continues to focus on enhancing sleep quality through its popular brands, including Tempur-Pedic, Sealy, and Stearns & Foster, alongside a commitment to achieving carbon neutrality by 2040.

Positive

• Declared a cash dividend of $0.10 per share, indicating strong financial health.
• Dividend payable on December 1, 2022, providing immediate returns to shareholders.

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• None.

LEXINGTON, Ky., Nov. 3, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a fourth quarter cash dividend on its common stock of $0.10 per share. The dividend is payable on December 1, 2022, to shareholders of record as of November 17, 2022.

About Tempur Sealy International, Inc.

Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, distributor and retailer of bedding products worldwide, we know how crucial a good night of sleep is to overall health and wellness. Utilizing over a century of knowledge and industry-leading innovation, we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries.

Our highly recognized brands include Tempur-Pedic®, Sealy® and Stearns & Foster® and our popular non-branded offerings consist of value-focused private label and OEM products. At Tempur Sealy we understand the importance of meeting our customers wherever and however they want to shop and have developed a powerful omni-channel retail strategy. Our products allow for complementary merchandising strategies and are sold through third-party retailers, our 650+ Company-owned stores worldwide and our e-commerce channels.  With the range of our offerings and variety of purchasing options, we are dedicated to continuing to turn our mission to improve the sleep of more people, every night, all around the world into a reality.

Importantly, we are committed to carrying out our global responsibility to protect the environment and the communities in which we operate. As part of that commitment, we have established the goal of achieving carbon neutrality for our global wholly owned operations by 2040.

Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com

 

View original content:https://www.prnewswire.com/news-releases/tempur-sealy-announces-fourth-quarter-cash-dividend-301666883.html

SOURCE Tempur Sealy International, Inc.

FAQ

What is the dividend amount declared by Tempur Sealy for Q4 2022?

Tempur Sealy has declared a cash dividend of $0.10 per share for the fourth quarter of 2022.

When is the dividend payment date for Tempur Sealy's fourth quarter dividend?

The dividend is payable on December 1, 2022.

What is the record date for Tempur Sealy's fourth quarter dividend?

The record date for the dividend is November 17, 2022.

How does Tempur Sealy's dividend reflect its financial strategy?

The declared dividend demonstrates Tempur Sealy's commitment to returning value to shareholders amid its business growth.