Fortune Brands Home & Security (FBHS) Raises Quarterly Dividend 7.7% to $0.28; 1.1% Yield
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Fortune Brands Increases Quarterly Dividend for 9th Consecutive Year
December 14, 2021 4:05 PM ESTDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS, the Company, or Fortune Brands), an industry-leading home and security products company, announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per common share. The dividend is payable on March 16, 2022, to stockholders of record as of the close of business on February 25, 2022.
The increase in the quarterly dividend, from $0.26 to $0.28, represents the Boards continued confidence in the Companys long-term cash flow potential and its support of the Companys broader strategy for utilizing free cash flow to build shareholder value by investing... More
