Spectrum Brands Holdings declares a $0.42/share quarterly dividend on March 12th, with a yield of 2.10%.

Spectrum Brands Holdings, Inc. announced on February 6th a quarterly dividend of 0.42 per share, payable to shareholders of record on February 20th. The dividend is expected to result in a $1.68 dividend on an annualized basis and a yield of 2.10%. With a payout ratio of 37.9%, the dividend is sufficiently covered by earnings. In its fiscal first quarter, Spectrum Brands showed a 3.0% decrease in net sales, and a net income improvement from $17.5 million to $29.1 million.

February 08, 2024
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