Newell Brands Inc. (NASDAQ:NWL) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 0.23 per share is scheduled to be paid on December 15, 2020. The dividend yield based on the latest trading day closing price was 4.51 percent. Shareholders who purchased NWL shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Newell Brands Inc. recently reported third quarter financial results on October 30, 2020, before market open, distributor of consumer and commercial products disclosed income for the third quarter of $ 0.84 per share, from the revenue of $ 2,699.00 million. The quarterly earnings gained 15.07 percent while revenues increased 10.12 percent compared with the same quarter last year.
According to street consensus, NWL was expected to report 3Q20 income of $ 0.43 per share from revenue of $ 2443.96 million. The bottom line results beat street analysts by $ 0.41 or 95.35 percent, at the same time, top line results outshined analysts by $ 255.04 million or 10.44 percent.
Stock Performance
Shares of Newell Brands Inc. traded up $ 0.19 or 0.94 percent on Thursday, reaching $ 20.39 with volume of 2.14 million shares. Newell Brands Inc. has traded high as $ 20.54 and has cracked $ 20.00 on the downward trend
According to the previous trading day, closing price of $ 20.39, representing a 93.49 % increase from the 52 week low of $ 10.44 and a 2.88 % decrease over the 52 week high of $ 20.80.
The company has a market capital of $ 8.65 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. The companys Food and Appliances segment offers household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, and fresh preserving products under Ball, Calphalon, Crock-Pot, FoodSaver, Mr.
