Newell Brands Inc. (NWL) To Go Ex-Dividend on May 29th

Newell Brands Inc. (NASDAQ:NWL) announced a quarterly dividend on Wednesday, May 6th. Shareholders of record on Friday, May 29th will be given a dividend of 0.07 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Friday, May 29th.

Newell Brands has decreased its dividend payment by an average of 0.2%annually over the last three years. Newell Brands has a dividend payout ratio of 37.8% indicating that its dividend is sufficiently covered by earnings. Analysts expect Newell Brands to earn $0.63 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 44.4%.

Newell Brands Stock Performance

NASDAQ:NWL opened at $3.60 on Wednesday. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.04 and a quick ratio of 0.51. The business has a fifty day simple moving average of $3.86 and a two-hundred day simple moving average of $3.96. Newell Brands has a 1 year low of $3.07 and a 1 year high of $6.64. The company has a market capitalization of $1.53 billion, a P/E ratio of -5.37, a P/E/G ratio of 4.47 and a beta of 1.06.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the business posted ($0.01) earnings per share. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. On average, analysts expect that Newell Brands will post 0.57 earnings per share for the current year.

Insider Transactions at Newell Brands

In related news, insider Melanie Arlene Huet sold 91,000 shares of Newell Brands stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total transaction of $409,500.00. Following the completion of the sale, the insider owned 867 shares of the company’s stock, valued at approximately $3,901.50. This trade represents a 99.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

Hedge funds have recently added to or reduced their stakes in the company. Quarry LP lifted its stake in Newell Brands by 139.3% during the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock worth $28,000 after purchasing an additional 4,317 shares during the last quarter. Summit Securities Group LLC bought a new stake in Newell Brands during the fourth quarter worth about $30,000. Vise Technologies Inc. bought a new stake in Newell Brands during the third quarter worth about $54,000. HighPoint Advisor Group LLC bought a new stake in Newell Brands during the fourth quarter worth about $39,000. Finally, CreativeOne Wealth LLC bought a new stake in Newell Brands during the third quarter worth about $54,000. Institutional investors own 92.50% of the company’s stock.

About Newell Brands

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.