Fortune Brands Innovations's last quarterly dividend was on May 23, 2024 (ex-date) with a distribution of $0.24 per share. On an annualized basis, the company has a current payout of $0.94 per share. This brings the dividend yield to 1.3% based on its recent close price.
Fortune Brands Innovations's dividend yield of 1.3% is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.4%, Fortune Brands Innovations's dividend yield is 46% lower. The historical 5-year average of FBIN's dividend yield is 1.3%, which is similar to the current yield.
Fortune Brands Innovations has been paying dividends since 2013. FBIN has issued four quarterly dividends in the last twelve months.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 23, 2024 | Jun 12, 2024 | May 7, 2024 | $0.24 | normal |
| Feb 22, 2024 | Mar 13, 2024 | Dec 12, 2023 | $0.24 | normal |
| Nov 22, 2023 | Dec 13, 2023 | Sep 18, 2023 | $0.23 | normal |
| Aug 24, 2023 | Sep 13, 2023 | Jul 31, 2023 | $0.23 | normal |
| May 25, 2023 | Jun 14, 2023 | May 15, 2023 | $0.23 | normal |
| Feb 23, 2023 | Mar 15, 2023 | Dec 13, 2022 | $0.23 | normal |
Fortune Brands Innovations's payout ratio of 28.5% is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 38.3%, Fortune Brands Innovations's payout ratio is 26% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FBIN Fortune Brands Innovations Inc | 1.19% | $0.94 | 28.5% |
| MTRN MATERION Corp | 0.44% | $0.53 | 13% |
Yes, Fortune Brands Innovations has paid four dividends in the last 12 months. FBIN has been paying dividends since 2013.
FBIN's next dividend date is Aug 23, 2024 (ex-date).
Fortune Brands Innovations's last regular dividend was on May 23, 2024 (ex-date) with the amount of $0.24 per share.
On an annual basis FBIN pays $0.94 per share.
The current dividend yield of Fortune Brands Innovations is 1.3%.
Fortune Brands Innovations has a quarterly dividend frequency.
Fortune Brands Innovations's dividend payout ratio is 28.5%.
Fortune Brands Innovations's dividend yield is below the Consumer Cyclical sector average.