Spectrum Brands Holdings's latest quarterly dividend was on Feb 16, 2024 (ex-date) with a payout of $0.42 per share. On an annualized basis, the company has a current payout of $1.68 per share. This brings the dividend yield to 2.09% based on its recent close price.
Spectrum Brands Holdings's dividend yield of 2.09% is below the Consumer Defensive sector, the industry and its peers average. In comparison with its Consumer Defensive sector average of 2.31%, Spectrum Brands Holdings's dividend yield is 10% lower. The historical 5-year average of SPB's dividend yield is 2.5%, which is higher than the current yield.
Spectrum Brands Holdings has a long history of dividend payments, including the last six consecutive years with dividend payouts. SPB has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the price of the stock up by 17% from a year ago, the dividend yield has decreased by 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 16, 2024 | Mar 12, 2024 | Feb 6, 2024 | $0.42 | normal |
| Nov 29, 2023 | Dec 7, 2023 | Nov 14, 2023 | $0.42 | normal |
| Aug 28, 2023 | Sep 19, 2023 | Aug 8, 2023 | $0.42 | normal |
| May 22, 2023 | Jun 8, 2023 | May 10, 2023 | $0.42 | normal |
| Feb 17, 2023 | Mar 14, 2023 | Feb 8, 2023 | $0.42 | normal |
| Nov 25, 2022 | Dec 13, 2022 | Nov 15, 2022 | $0.42 | normal |
| Nov 18, 2022 | Dec 13, 2022 | Nov 15, 2022 | $0.42 | normal |
| Aug 29, 2022 | Sep 28, 2022 | Aug 9, 2022 | $0.42 | normal |
| May 18, 2022 | Jun 9, 2022 | May 3, 2022 | $0.42 | normal |
| Feb 18, 2022 | Mar 15, 2022 | Feb 1, 2022 | $0.42 | normal |
| Nov 19, 2021 | Dec 14, 2021 | Nov 9, 2021 | $0.42 | normal |
| Aug 30, 2021 | Sep 28, 2021 | Aug 3, 2021 | $0.42 | normal |
| May 19, 2021 | Jun 10, 2021 | May 4, 2021 | $0.42 | normal |
| Feb 22, 2021 | Mar 16, 2021 | Feb 2, 2021 | $0.42 | normal |
| Nov 27, 2020 | Dec 15, 2020 | Nov 5, 2020 | $0.06 | normal |
| Nov 20, 2020 | Dec 15, 2020 | Nov 10, 2020 | $0.42 | normal |
| Aug 24, 2020 | Sep 22, 2020 | Jul 28, 2020 | $0.42 | normal |
| May 13, 2020 | Jun 4, 2020 | Apr 28, 2020 | $0.42 | normal |
| Feb 14, 2020 | Mar 10, 2020 | Jan 28, 2020 | $0.42 | normal |
| Nov 22, 2019 | Dec 17, 2019 | Nov 11, 2019 | $0.42 | normal |
| Aug 21, 2019 | Sep 19, 2019 | Aug 1, 2019 | $0.42 | normal |
| May 13, 2019 | Jun 4, 2019 | Apr 23, 2019 | $0.42 | normal |
| Feb 15, 2019 | Mar 12, 2019 | Jan 28, 2019 | $0.42 | normal |
| Nov 26, 2018 | Dec 18, 2018 | Nov 13, 2018 | $0.42 | normal |
| Aug 13, 2018 | Sep 11, 2018 | Jul 24, 2018 | $0.42 | normal |
Spectrum Brands Holdings's payout ratio of 3.5% is below the Consumer Defensive sector, the industry and its peers average. Compared to its Consumer Defensive sector average of 42.3%, Spectrum Brands Holdings's payout ratio is 92% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WHR Whirlpool Corp | 6.69% | $7 | 79.9% |
| ENR Energizer Holdings Inc | 4.22% | $1.2 | 91.6% |
| SMG Scotts Miracle-Gro Co | 3.96% | $2.64 | N/A |
| SWK Stanley Black & Decker Inc | 3.62% | $3.23 | N/A |
| NC Nacco Industries Inc | 3.07% | $0.87 | N/A |
| SPB Spectrum Brands Holdings Inc | 2.09% | $1.68 | 3.5% |
| MAS Masco Corp | 1.59% | $1.15 | 28.4% |
| ENS EnerSys | 0.94% | $0.85 | 12.7% |
Yes, Spectrum Brands Holdings has been paying dividends for the last six years.
At this point we don't have a record of SPB's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Spectrum Brands Holdings's last dividend ex-date was on Feb 16, 2024. The dividend amount was $0.42 per share.
SPB's annualized dividend per share is $1.68.
Spectrum Brands Holdings's current dividend yield is 2.09%.
Spectrum Brands Holdings has a quarterly dividend frequency.
The dividend payout ratio of Spectrum Brands Holdings is 3.5%.
Spectrum Brands Holdings's dividend yield is lower than the Consumer Defensive sector average.