Reynolds Consumer Products Inc. (NASDAQ:REYN – Get Free Report) declared a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 15th will be paid a dividend of 0.23 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, May 15th.
Reynolds Consumer Products has increased its dividend payment by an average of 0.1%per year over the last three years. Reynolds Consumer Products has a dividend payout ratio of 55.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Reynolds Consumer Products to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 55.8%.
Reynolds Consumer Products Trading Down 0.0%
NASDAQ REYN opened at $21.59 on Wednesday. Reynolds Consumer Products has a 1 year low of $20.44 and a 1 year high of $26.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76. The company has a market capitalization of $4.55 billion, a PE ratio of 13.75 and a beta of 0.57. The company has a fifty day moving average of $21.57 and a 200 day moving average of $23.09.
Reynolds Consumer Products Company Profile
Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.
The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.
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