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

Newell Brands Inc. (NASDAQ:NWLGet Free Report) declared a quarterly dividend on Monday, February 9th. Shareholders of record on Friday, February 27th will be given a dividend of 0.07 per share on Friday, March 13th. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date is Friday, February 27th.

Newell Brands has decreased its dividend payment by an average of 0.2%annually over the last three years. Newell Brands has a payout ratio of 37.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Newell Brands to earn $0.86 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 32.6%.

Newell Brands Stock Down 4.4%

Shares of NASDAQ NWL opened at $4.34 on Tuesday. Newell Brands has a 52-week low of $3.07 and a 52-week high of $7.53. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.57 and a current ratio of 1.07. The business has a fifty day moving average of $4.01 and a two-hundred day moving average of $4.61. The stock has a market cap of $1.82 billion, a PE ratio of -6.41 and a beta of 0.93.

Newell Brands (NASDAQ:NWLGet Free Report) last announced its earnings results on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.18. Newell Brands had a negative net margin of 3.96% and a positive return on equity of 9.17%. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter last year, the company posted $0.16 EPS. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, equities research analysts expect that Newell Brands will post 0.72 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NWL. Maryland State Retirement & Pension System grew its position in shares of Newell Brands by 1.2% during the 2nd quarter. Maryland State Retirement & Pension System now owns 145,712 shares of the company’s stock worth $787,000 after buying an additional 1,738 shares during the period. Uhlmann Price Securities LLC grew its holdings in Newell Brands by 0.9% during the 2nd quarter. Uhlmann Price Securities LLC now owns 229,198 shares of the company’s stock worth $1,238,000 after acquiring an additional 1,955 shares during the period. California State Teachers Retirement System raised its position in shares of Newell Brands by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 384,848 shares of the company’s stock valued at $2,078,000 after acquiring an additional 2,108 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Newell Brands by 19.6% in the 2nd quarter. Osaic Holdings Inc. now owns 14,104 shares of the company’s stock valued at $76,000 after purchasing an additional 2,308 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Newell Brands by 4.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 74,943 shares of the company’s stock valued at $405,000 after purchasing an additional 3,204 shares during the period. 92.50% of the stock is currently owned by institutional investors and hedge funds.

Newell Brands Company Profile

(Get Free Report)

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.

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Dividend History for Newell Brands (NASDAQ:NWL)

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