Spectrum Brands (SPB) Raises Quarterly Dividend 10.5% to $0.42; 1.4% Yield

Spectrum Brands (NYSE: SPB) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 10.5% increase from the prior dividend of $0.38.

The dividend will be payable on March 7, 2017, to stockholders of record on February 14, 2017, with an ex-dividend date of February 10, 2017.

The annual yield on the dividend is 1.4 percent.

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.

For a dividend history and other dividend-related data on Spectrum Brands (SPB) click here.

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