Tempur Sealy Announces Third Quarter Cash Dividend

Rhea-AI Summary

Tempur Sealy International has declared a third quarter cash dividend of $0.10 per share on its common stock. The dividend will be payable on August 25, 2022, to shareholders of record as of August 11, 2022. Tempur Sealy remains committed to enhancing sleep quality worldwide through its renowned brands such as Tempur-Pedic®, Sealy®, and Stearns & Foster®. The company aims for carbon neutrality by 2040 across its global operations, reflecting its commitment to environmental responsibility.

Positive

• Declaration of a cash dividend of $0.10 per share, indicating financial health and confidence.
• Commitment to achieving carbon neutrality by 2040, enhancing brand reputation.

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• None.

LEXINGTON, Ky., July 27, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a third quarter cash dividend on its common stock of $0.10 per share. The dividend is payable on August 25, 2022, to shareholders of record as of August 11, 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-third-quarter-cash-dividend-301593888.html

SOURCE Tempur Sealy International, Inc.

FAQ

When is the dividend payment date for TPX?

The dividend payment date for TPX is August 25, 2022.

What is the amount of the dividend declared by Tempur Sealy (TPX)?

Tempur Sealy (TPX) declared a dividend of $0.10 per share.

Who is eligible to receive the TPX dividend?

Shareholders of record as of August 11, 2022, are eligible to receive the TPX dividend.

How often does Tempur Sealy pay dividends?

Tempur Sealy typically pays dividends quarterly.

What is Tempur Sealy's sustainability goal?

Tempur Sealy aims to achieve carbon neutrality for its global operations by 2040.