Fortune Brands Home & Security (FBHS) Raises Quarterly Dividend 12.5% to $0.18; 1.3% Yield

Fortune Brands Home & Security (NYSE: FBHS) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 12.5% increase from the prior dividend of $0.16.

The dividend will be payable on March 15, 2017, to stockholders of record on February 24, 2017, with an ex-dividend date of February 22, 2017.

The annual yield on the dividend is 1.3 percent.

“This represents the fourth consecutive year of a double digit increase in our dividend rate. We are continuing to deliver profitable growth and are following through on our commitment to use our strong balance sheet, capital structure and free cash flow to drive incremental shareholder value,” said Chris Klein, chief executive officer, Fortune Brands.

For a dividend history and other dividend-related data on Fortune Brands Home & Security (FBHS) click here.

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