Spectrum Brands Holdings's latest quarterly dividend was on Nov 25, 2022 (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 2.54% based on its recent close price.
Spectrum Brands Holdings's dividend yield of 2.54% is above the Consumer Defensive sector and the industry average but below its peers average. In comparison with its Consumer Defensive sector average of 2.15%, Spectrum Brands Holdings's dividend yield is 18% higher. The historical 5-year average of SPB's dividend yield is 2.5%, which is similar to the current yield.
Spectrum Brands Holdings has been paying dividends for the last five consecutive years. SPB has distributed five 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 down by 25% from a year ago, the dividend yield has increased by 33%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 96% is above the Consumer Defensive sector, the industry and its peers average. Compared to its Consumer Defensive sector average of 52.8%, Spectrum Brands Holdings's payout ratio is 82% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WHR Whirlpool Corp | 4.68% | $7 | 109% |
| SWK Stanley Black & Decker Inc | 3.52% | $3.18 | 33% |
| ENR Energizer Holdings Inc | 3.39% | $1.2 | N/A |
| SMG Scotts Miracle-Gro Co | 3.27% | $2.64 | N/A |
| SPB Spectrum Brands Holdings Inc | 2.54% | $1.68 | 96% |
| NC Nacco Industries Inc | 2.12% | $0.82 | 8.8% |
| MAS Masco Corp | 2.05% | $1.12 | 30.4% |
| FBHS Fortune Brands Home & Security Inc | 1.81% | $1.12 | 19.6% |
| ENS EnerSys | 0.8% | $0.7 | 22.2% |
Yes, Spectrum Brands Holdings has been paying dividends for the last five 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 February 2023.
Spectrum Brands Holdings's last dividend ex-date was on Nov 25, 2022. 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 2.54%.
Spectrum Brands Holdings has a quarterly dividend frequency.
The dividend payout ratio of Spectrum Brands Holdings is 96%.
Spectrum Brands Holdings's dividend yield is higher than the Consumer Defensive sector average.