{"id":395822,"date":"2020-12-08T16:08:13","date_gmt":"2020-12-08T21:08:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=395822"},"modified":"2020-12-08T16:08:13","modified_gmt":"2020-12-08T21:08:13","slug":"fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\/","title":{"rendered":"Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year"},"content":{"rendered":"

<\/p>\n

Fortune Brands Increases Quarterly Dividend for 8th<\/sup> Consecutive Year <\/b><\/p>\n

DEERFIELD, Ill.–(BUSINESS WIRE<\/a>)–
\nFortune Brands Home & Security, Inc. (NYSE: FBHS, the \u201cCompany\u201d, or \u201cFortune Brands\u201d), an industry-leading home and security products company, announced that today, December 8, 2020, its Board of Directors declared a quarterly cash dividend of $0.26 per common share. The dividend is payable on March 17, 2021, to stockholders of record as of the close of business on February 26, 2021.\n<\/p>\n

\nThe 8 percent increase in the quarterly dividend, from $0.24 to $0.26, represents the Board\u2019s continued confidence in the Company\u2019s long-term cash flow potential and its support of the Company\u2019s broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands\u2019 businesses, pursuing accretive acquisitions and returning cash to shareholders.\n<\/p>\n

\n\u201cWe have now increased our dividend rate for the eighth consecutive year. This is a testament to our solid execution of our strategies, strong cash flow generation and commitment to driving incremental shareholder value. We will continue to strategically use our strong balance sheet, capital structure and free cash flow as we drive our next phase of growth,\u201d said Nicholas Fink, chief executive officer, Fortune Brands.\n<\/p>\n

About Fortune Brands<\/span><\/b><\/p>\n

\nFortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in Deerfield, IL., creates products and services that fulfill the dreams of home. The Company’s operating segments are Plumbing, Cabinets and Outdoors & Security. Its trusted brands include Moen, Riobel, Perrin & Rowe, Shaws, Victoria + Albert and Rohl under the Global Plumbing Group (GPG); more than a dozen core brands under MasterBrand Cabinets; Therma-Tru entry door systems, Fiberon composite decking and Master Lock and SentrySafe security products in the Outdoors & Security segment. Fortune Brands holds market leadership positions in all of its segments. Fortune Brands is part of the S&P 500 Index and a Fortune 500 Company. For more information, please visit www.FBHS.com<\/a>. To learn more about how Fortune Brands is embracing and accelerating its environmental, social and governance duties, please visit the Company\u2019s ESG section and report at www.FBHS.com\/global-citizenship<\/a>.\n<\/p>\n

\nSource: Fortune Brands Home & Security, Inc.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201208006049\/en\/<\/a><\/span><\/p>\n

\nINVESTOR and MEDIA CONTACT:
\n
Matthew Skelly
\n
847-484-4573
\n
Investor.Questions@fbhs.com<\/a><\/p>\n

KEYWORDS:<\/b> Illinois United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Manufacturing Construction & Property Landscape Interior Design Specialty Building Systems Other Manufacturing Retail Home Goods Other Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year DEERFIELD, Ill.–(BUSINESS WIRE)– Fortune Brands Home & Security, Inc. (NYSE: FBHS, the \u201cCompany\u201d, or \u201cFortune Brands\u201d), an industry-leading home and security products company, announced that today, December 8, 2020, its Board of Directors declared a quarterly cash dividend of $0.26 per common share. The dividend is payable on March 17, 2021, to stockholders of record as of the close of business on February 26, 2021. The 8 percent increase in the quarterly dividend, from $0.24 to $0.26, represents the Board\u2019s continued confidence in the Company\u2019s long-term cash flow potential and its support of the Company\u2019s broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands\u2019 … <\/p>\n

Continue reading “Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-395822","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFortune Brands Increases Quarterly Dividend for 8th Consecutive Year - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year DEERFIELD, Ill.–(BUSINESS WIRE)– Fortune Brands Home & Security, Inc. (NYSE: FBHS, the \u201cCompany\u201d, or \u201cFortune Brands\u201d), an industry-leading home and security products company, announced that today, December 8, 2020, its Board of Directors declared a quarterly cash dividend of $0.26 per common share. The dividend is payable on March 17, 2021, to stockholders of record as of the close of business on February 26, 2021. The 8 percent increase in the quarterly dividend, from $0.24 to $0.26, represents the Board\u2019s continued confidence in the Company\u2019s long-term cash flow potential and its support of the Company\u2019s broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brands\u2019 … Continue reading "Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-08T21:08:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201208006049r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year\",\"datePublished\":\"2020-12-08T21:08:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/\"},\"wordCount\":415,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201208006049r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fortune-brands-increases-quarterly-dividend-for-8th-consecutive-year\\\/\",\"name\":\"Fortune Brands Increases Quarterly Dividend for 8th Consecutive Year - 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