Spectrum Brands Raises Quarterly Dividend to 47c per Share

Dow Jones

2024/11/14

By Stephen Nakrosis

Spectrum Brands Holdings said its board approved a 12% increase to the company's quarterly dividend, raising it to 47 cents per share from 42 cents.

The new dividend, $1.88 on an annual basis, will be payable on Dec. 17 to shareholders of record as of Nov. 26.

Based on Wednesday's closing stock price of $93.70, the new dividend represents a yield of 2%, the company said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 13, 2024 19:02 ET (00:02 GMT)

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