Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and E-Z Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including blue and clear recycling bags, compostable bags, bags made from recycled materials, and the Hefty EnergyBag Program. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. Reynolds Consumer Products Inc. offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.
Reynolds Consumer Products Dividend Announcement
• Reynolds Consumer Products announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
• Reynolds Consumer Products annual dividend for 2024 was $0.92
• Reynolds Consumer Products annual dividend for 2023 was $0.92
• Reynolds Consumer Products's trailing twelve-month (TTM) dividend yield is 3.3%
• Reynolds Consumer Products's payout ratio for the trailing twelve months (TTM) is 52.03%
Reynolds Consumer Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.23 | quarterly | 2024-11-29 |
2024-08-16 | $0.23 | quarterly | 2024-08-30 |
2024-05-16 | $0.23 | quarterly | 2024-05-31 |
2024-02-14 | $0.23 | quarterly | 2024-02-29 |
2023-11-15 | $0.23 | quarterly | 2023-11-30 |
2023-08-16 | $0.23 | quarterly | 2023-08-31 |
2023-05-16 | $0.23 | quarterly | 2023-05-31 |
2023-02-13 | $0.23 | quarterly | 2023-02-28 |
2022-11-15 | $0.23 | quarterly | 2022-11-30 |
2022-08-16 | $0.23 | quarterly | 2022-08-31 |
2022-05-16 | $0.23 | quarterly | 2022-05-31 |
2022-02-11 | $0.23 | quarterly | 2022-02-28 |
2021-11-15 | $0.23 | quarterly | 2021-11-30 |
2021-08-16 | $0.23 | quarterly | 2021-08-31 |
2021-05-12 | $0.23 | quarterly | 2021-05-27 |
2021-02-22 | $0.23 | quarterly | 2021-03-09 |
2020-11-13 | $0.22 | quarterly | 2020-11-30 |
2020-08-13 | $0.22 | quarterly | 2020-08-31 |
2020-03-13 | $0.15 | quarterly | 2020-04-30 |
Reynolds Consumer Products Dividend per year
Reynolds Consumer Products Dividend growth
Reynolds Consumer Products Dividend Yield
Reynolds Consumer Products current trailing twelve-month (TTM) dividend yield is 3.3%. Interested in purchasing Reynolds Consumer Products stock? Use our calculator to estimate your expected dividend yield:
Reynolds Consumer Products Financial Ratios
Reynolds Consumer Products Dividend FAQ
Other factors to consider when evaluating Reynolds Consumer Products as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Reynolds Consumer Products's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Reynolds Consumer Products publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Reynolds Consumer Products distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Reynolds Consumer Products are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Reynolds Consumer Products sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Reynolds Consumer Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reynolds Consumer Products declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Reynolds Consumer Products's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Reynolds Consumer Products's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.