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

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

Newell Brands has decreased its dividend by an average of 0.2%per year over the last three years. Newell Brands has a dividend payout ratio of 37.8% indicating that 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%

NASDAQ:NWL opened at $6.16 on Thursday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.11 and a quick ratio of 0.59. Newell Brands has a 1-year low of $3.07 and a 1-year high of $7.13. The company has a 50-day moving average of $5.30 and a 200 day moving average of $4.50. The firm has a market cap of $2.62 billion, a PE ratio of -11.62, a price-to-earnings-growth ratio of 1.52 and a beta of 0.88.

Newell Brands (NASDAQ:NWL) last posted its earnings results on Friday, July 31st. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.22. Newell Brands had a negative net margin of 3.05% and a positive return on equity of 12.31%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. 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. As a group, research analysts anticipate that Newell Brands will post 0.76 EPS for the current fiscal year.

Insider Activity at Newell Brands

In other news, insider Kristine Kay Malkoski sold 10,850 shares of Newell Brands stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $3.65, for a total transaction of $39,602.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bradford R. Turner sold 100,000 shares of the business’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $6.16, for a total transaction of $616,000.00. Following the sale, the insider directly owned 433,398 shares in the company, valued at $2,669,731.68. This trade represents a 18.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 211,750 shares of company stock worth $1,018,896. 1.64% of the stock is owned by insiders.

Hedge Funds Weigh In On Newell Brands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Newell Brands during the 2nd quarter valued at about $436,133,000. Pzena Investment Management LLC lifted its holdings in shares of Newell Brands by 5.0% during the fourth quarter. Pzena Investment Management LLC now owns 50,019,553 shares of the company’s stock worth $186,073,000 after purchasing an additional 2,375,782 shares during the period. AQR Capital Management LLC boosted its position in Newell Brands by 197.8% in the fourth quarter. AQR Capital Management LLC now owns 21,166,902 shares of the company’s stock valued at $78,741,000 after buying an additional 14,059,209 shares during the last quarter. Rubric Capital Management LP boosted its position in Newell Brands by 17.4% in the first quarter. Rubric Capital Management LP now owns 15,257,431 shares of the company’s stock valued at $52,333,000 after buying an additional 2,257,431 shares during the last quarter. Finally, State Street Corp increased its holdings in Newell Brands by 2.1% in the 4th quarter. State Street Corp now owns 14,615,775 shares of the company’s stock worth $54,371,000 after buying an additional 295,001 shares during the period. Hedge funds and other institutional investors own 92.50% of the company’s stock.

Newell Brands Company Profile

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.