ATLANTA, August 10, 2022--Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable September 15, 2022 to common stockholders of record at the close of business on August 31, 2022.
Newell's (NWL) Q2 results reflect gains from strong demand, pricing actions and robust core sales growth. However, it slashes the 2022 view on inflation woes and adverse currency.
Newell Brands (NWL) delivered earnings and revenue surprises of 21.28% and 0.10%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?