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

Newell Brands Inc. (NASDAQ:NWL) announced a quarterly dividend on Wednesday, August 12th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.07 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, August 31st.

Newell Brands has decreased its dividend payment by an average of 0.2%annually over the last three years. Newell Brands has a dividend payout ratio of 37.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Newell Brands to earn $0.66 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 42.4%.

Newell Brands Stock Up 0.2%

Shares of NWL stock opened at $6.16 on Thursday. The company’s fifty day simple moving average is $5.30 and its two-hundred day simple moving average is $4.50. Newell Brands has a 52 week low of $3.07 and a 52 week high of $7.13. The stock has a market cap of $2.62 billion, a P/E ratio of -11.62, a PEG ratio of 1.52 and a beta of 0.88. The company has a quick ratio of 0.59, a current ratio of 1.11 and a debt-to-equity ratio of 1.85.

Newell Brands (NASDAQ:NWL) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. Newell Brands had a positive return on equity of 12.31% and a negative net margin of 3.05%.The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter last year, the business posted $0.24 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Newell Brands has set its Q3 2026 guidance at 0.180-0.200 EPS and its FY 2026 guidance at 0.730-0.770 EPS. Analysts predict that Newell Brands will post 0.76 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $3.60, for a total transaction of $360,000.00. Following the completion of the sale, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This trade represents a 17.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kristine Kay Malkoski sold 10,850 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total value of $39,602.50. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 211,750 shares of company stock worth $1,018,896. Insiders own 1.64% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NWL. Quarry LP boosted its position in Newell Brands by 139.3% in the 4th quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after buying an additional 4,317 shares during the period. Summit Securities Group LLC purchased a new position in shares of Newell Brands during the fourth quarter worth approximately $30,000. Citizens Financial Group Inc. RI purchased a new position in shares of Newell Brands during the fourth quarter worth approximately $39,000. HighPoint Advisor Group LLC bought a new stake in shares of Newell Brands during the fourth quarter valued at approximately $39,000. Finally, 111 Capital bought a new stake in shares of Newell Brands during the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 92.50% of the company’s stock.

About Newell Brands

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.