Masco Corporation (NYSE:MAS) To Go Ex-Dividend On July 9, 2020

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Masco Corporation (NYSE:MAS) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.135 per share is scheduled to be paid on August 10, 2020. Shareholders who purchased MAS prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Recent Earnings Announcement

Masco Corporation announced income for the first quarter of $ 0.46 per share, from the revenue of $ 1,581.00 million. The quarterly earnings surged 4.55 percent while revenues down 20.55 percent compared with the same quarter last year.
Wall street analysts are predicting, MAS to report 1Q20 income of $ 0.36 per share from revenue of $ 1518.27 million. The bottom line results beat street analysts by $ 0.1 or 27.78 percent, at the same time, top line results topped analysts by $ 62.73 million or 4.13 percent.

Stock Performance

According to the previous trading day, closing price of MAS was $ 50.19, representing a 85.61 % increase from the 52 week low of $ 27.04 and a 1.93 % decrease over the 52 week high of $ 51.18.

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The company has a market capital of $ 13.24 billion and is part of the Basic Materials sector and Building Materials industry.

Masco Corporation designs, manufactures, and distributes home improvement and building products worldwide. The companys Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, toilets, acrylic tubs, shower trays, spas, exercise pools, fitness systems, and other non-decorative plumbing products; brass, copper, and composite plumbing system components; and thermoplastic extrusions, extruded plastic profiles, and specialized fabrications. It offers its products under the DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, COBRA PRO, and MASTER PLUMBER brands.