Tupperware Brands Declares Dividend

Tupperware Brands is reaching into its corporate bowl for a fresh payout to shareholders. The company has declared a quarterly dividend of $0.62 per share. This will be paid on July 8 to stockholders of record as of June 19. That amount matches the firm's previous distribution, which was paid in early April. Prior to that, Tupperware Brands was rather less generous, handing out $0.36 per share.

The company is an extremely reliable and regular payer of dividends. Over the past decade, its distribution has ranged from $0.22 per share to the present level.

The just-declared dividend annualizes to $2.48 per share. That yields just under 3% at Tupperware Brands' most recent closing stock price of $82.72.

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Fool contributor Eric Volkman has no position in Tupperware Brands. The Motley Fool owns shares of Tupperware Brands. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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