Fortune Brands Innovations, Inc. (FBIN) To Go Ex-Dividend on August 21st

Fortune Brands Innovations, Inc. (NYSE:FBIN – Get Free Report) announced a quarterly dividend on Monday, July 20th. Shareholders of record on Friday, August 21st will be given a dividend of 0.26 per share on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 21st.

Fortune Brands Innovations has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Fortune Brands Innovations has a dividend payout ratio of 24.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Fortune Brands Innovations to earn $3.41 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 30.5%.

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Fortune Brands Innovations Trading Down 2.7%

Shares of FBIN stock opened at $45.28 on Wednesday. The firm has a market cap of $5.40 billion, a P/E ratio of 36.81, a price-to-earnings-growth ratio of 4.00 and a beta of 1.31. The company has a quick ratio of 1.05, a current ratio of 2.01 and a debt-to-equity ratio of 1.11. Fortune Brands Innovations has a 12-month low of $32.34 and a 12-month high of $64.84. The business has a 50-day moving average price of $48.54 and a two-hundred day moving average price of $45.65.

Fortune Brands Innovations (NYSE:FBIN – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.55. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.16 billion. Fortune Brands Innovations had a net margin of 3.39% and a return on equity of 19.50%. The firm’s revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.00 EPS. Fortune Brands Innovations has set its FY 2026 guidance at 3.220-3.520 EPS. Equities analysts anticipate that Fortune Brands Innovations will post 3.36 EPS for the current fiscal year.

Fortune Brands Innovations Company Profile

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Fortune Brands Innovations (NYSE: FBIN), formerly known as Fortune Brands Home & Security, is a global leader in water innovations, specializing in the design, manufacturing and marketing of plumbing fixtures, fittings and related products. Headquartered in Deerfield, Illinois, the company leverages two iconic brands—Moen and House of Rohl—to deliver high-quality kitchen and bathroom solutions across residential and commercial markets. With a focus on performance, reliability and aesthetic design, FBIN’s portfolio spans faucets, showerheads, accessories and water filtration systems.

The company’s products are sold through a diversified network of retail partners, wholesale distributors and online channels across North America, Europe, Asia-Pacific and Latin America.

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