Spectrum Brands Holdings Announces a 12% Increase in Dividend Payout, Declares Quarterly Common Stock Dividend of $0.47 Per Share

MIDDLETON, Wis.--(BUSINESS WIRE)--November 13, 2024-- 

Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today approved a 12% increase in its dividend payout, and declared a quarterly dividend of $0.47 per share on the Common Stock of the Company. This new quarterly dividend rate represents an annualized dividend yield of 2% based on today's closing stock price. The dividend is payable on December 17, 2024 to shareholders of record as of November 26, 2024.

About Spectrum Brands Holdings, Inc.

Spectrum Brands 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, we offer a broad portfolio of market-leading, well-known and widely trusted brands including Tetra$(R)$, DreamBone(R), SmartBones(R), Nature's Miracle(R), 8-in-1(R), FURminator(R), Healthy-Hide(R), Good Boy(R), Meowee!(R), OmegaOne(R), Spectracide(R), Cutter(R), Repel(R), Hot Shot(R), Rejuvenate(R), Black Flag(R), Liquid Fence(R), Remington(R), George Foreman(R), Russell Hobbs(R), BLACK + DECKER(R), PowerXL(R), Emeril Lagasse(R), and Copper Chef(R). For more information, please visit www.spectrumbrands.com. Spectrum Brands -- A Home Essentials Company$(TM)$.

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(END) Dow Jones Newswires

November 13, 2024 18:52 ET (23:52 GMT)