Newell Brands Inc. (NASDAQ:NWL) Announces $0.07 Quarterly Dividend

Newell Brands Inc. (NASDAQ:NWL) declared a quarterly dividend on Wednesday, August 12th. Shareholders of record on Monday, August 31st will be given a dividend of 0.07 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, August 31st.

Newell Brands has decreased its dividend payment by an average of 0.2%per year over the last three years. Newell Brands has a payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Newell Brands to earn $0.66 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 42.4%.

Newell Brands Trading Up 0.2%

Shares of Newell Brands stock opened at $6.16 on Thursday. The firm has a 50-day simple moving average of $5.30 and a two-hundred day simple moving average of $4.50. The company has a market cap of $2.62 billion, a P/E ratio of -11.62, a price-to-earnings-growth ratio of 1.52 and a beta of 0.88. Newell Brands has a fifty-two week low of $3.07 and a fifty-two week high of $7.13. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.59 and a current ratio of 1.11.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, July 31st. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.98 billion. During the same period last year, the firm earned $0.24 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. As a group, equities analysts predict that Newell Brands will post 0.76 earnings per share for the current fiscal year.

About Newell Brands

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.