Tempur Sealy (TPX) Raises Quarterly Dividend 28.6% to $0.09; 1% Yield
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Tempur Sealy Announces Significant Increase In Third Quarter Cash Dividend
July 29, 2021 6:47 AM EDTLEXINGTON, Ky., July 29, 2021 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a third quarter cash dividend on its common stock of $0.09 per share. The dividend is payable on August 26, 2021 to shareholders of record as of August 12, 2021.Â
Tempur Sealy Chairman and CEO Scott Thompson commented, "I am pleased to report that our Board of Directors have declared a nearly 30% increase to our quarterly dividend while still maintaining a conservative payout ratio. This significant increase demonstrates the confidence we have in our outlook,... More
