|Bid||15.58 x 1100|
|Ask||15.59 x 1000|
|Day's range||15.52 - 15.92|
|52-week range||12.25 - 26.45|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||11.51|
|Earnings date||10 Feb 2023|
|Forward dividend & yield||0.92 (5.68%)|
|Ex-dividend date||29 Nov 2022|
|1y target est||16.90|
ATLANTA, February 02, 2023--Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable March 15, 2023 to common stockholders of record at the close of business on February 28, 2023.
In response to rising inflation, Newell Brands (NWL) has come up with a restructuring and savings initiative, Project Phoenix, to reduce costs and optimize the organization.
Yahoo Finance Live anchors discuss reports that Newell Brands will cut 13% of its workforce amid restructuring plans.