Tempur Sealy (TPX) Raises Quarterly Dividend 11.1% to $0.10; 1.1% Yield
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Tempur Sealy Announces Increase In First Quarter Cash Dividend
February 22, 2022 6:38 AM ESTLEXINGTON, Ky., Feb. 22, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.10 per share. The dividend is payable on March 22, 2022 to shareholders of record as of March 8, 2022.Â
Tempur Sealy Chairman and CEO Scott Thompson commented, "Our balanced capital allocation strategy includes investing in our operations, declaring quarterly dividends, repurchasing shares, and on an opportunistic basis, acquiring businesses that enhance our global competitiveness. In the first quarter, our Board of Directors increased our quarterly dividend to... More
