Fortune Brands Innovations, Inc. (NYSE: FBIN or โFortune Brandsโ or the โCompanyโ), an industry-leading innovation company whose purpose is to elevate every life by transforming spaces into havens, today announced that on December 9, 2024, its Board of Directors declared a quarterly cash dividend of $0.25 per common share. The dividend is payable on March 12, 2025, to stockholders of record as of the close of business on February 21, 2025.
The increase in the quarterly dividend, from $0.24 to $0.25, represents the Boardโs continued confidence in the Companyโs long-term cash flow potential and its support of the Companyโs broader strategy for utilizing free cash flow to build shareholder value by investing in Fortune Brandsโ businesses, pursuing accretive acquisitions and returning cash to shareholders.
About Fortune Brands Innovations
Fortune Brands Innovations, Inc. is an industry-leading innovation company dedicated to creating smarter, safer and more beautiful homes and improving lives. The Companyโs driving purpose is to elevate every life by transforming spaces into havens.
The Company is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. The Companyโs portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN. To learn more, visit www.FBIN.com.
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