fbpx

Spectrum Increases Common Stock Dividend

Pet Age Staff//January 25, 2017//

Spectrum Increases Common Stock Dividend

Pet Age Staff //January 25, 2017//

Listen to this article

Spectrum Brands Holdings, Inc. announced yesterday that its board of directors declared a quarterly dividend of $0.42 per share on the company’s common stock, which is an increase of 10.5 percent compared to the previous quarterly dividend of $0.38 per share.

The dividend is payable on March 7, 2017, to stockholders of record as of the close of business on February 14, 2017.

Spectrum Brands has now increased its quarterly cash dividend rate for four consecutive years following initiation of a common stock quarterly dividend of $0.25 per share in March 2013.