Reynolds Consumer Products Inc. (REYN) To Go Ex-Dividend on August 17th

Reynolds Consumer Products Inc. (NASDAQ:REYN) declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.23 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, August 17th.

Reynolds Consumer Products has increased its dividend by an average of 0.1%per year over the last three years. Reynolds Consumer Products has a dividend payout ratio of 55.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Reynolds Consumer Products to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 55.8%.

Reynolds Consumer Products Stock Up 1.6%

REYN stock opened at $25.61 on Friday. The company’s 50 day moving average price is $24.27 and its 200 day moving average price is $23.10. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.76 and a current ratio of 1.79. Reynolds Consumer Products has a fifty-two week low of $20.44 and a fifty-two week high of $27.32. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 16.31 and a beta of 0.54.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.03. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. The firm had revenue of $877.00 million for the quarter, compared to analysts’ expectations of $822.42 million. During the same quarter last year, the company earned $0.23 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. On average, equities research analysts anticipate that Reynolds Consumer Products will post 1.59 EPS for the current fiscal year.

Institutional Trading of Reynolds Consumer Products

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in shares of Reynolds Consumer Products by 163.3% during the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after buying an additional 3,071,015 shares during the last quarter. Jane Street Group LLC grew its position in shares of Reynolds Consumer Products by 858.3% in the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock valued at $25,808,000 after buying an additional 1,079,116 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Reynolds Consumer Products by 3,783.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock worth $18,352,000 after acquiring an additional 730,670 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Reynolds Consumer Products by 17.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock worth $101,426,000 after acquiring an additional 649,120 shares in the last quarter. Finally, Norges Bank acquired a new stake in Reynolds Consumer Products during the 4th quarter worth $12,806,000. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.