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Spectrum Brands (SPB) to Initiate 25c/Share Qtr. Dividend in FY13

September 18, 2012 9:10 AM EDT
Spectrum Brands Holdings, Inc. (NYSE: SPB) has approved plans to initiate a regular quarterly common stock distribution starting in fiscal 2013 of $0.25 per share. Beginning in fiscal 2013, the Company anticipates paying a quarterly distribution in March, June, September and December of each year. The Company currently believes its regular quarterly dividend payments in fiscal 2013 also will qualify as a return of capital to shareholders.

At the current share price, the dividend will yield 2.5 percent annually.


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