Edgewell Personal Care Announces Quarterly Dividend

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Edgewell Personal Care Company (NYSE:EPC), a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions, announced that it will pay a quarterly dividend of $0.15 per share. The dividend will be paid on April 8th to shareholders of record as of March 6th.

Why it matters

The dividend payment demonstrates Edgewell's commitment to returning value to shareholders, even as the company navigates challenges in its core shaving and personal care product categories. The 2.8% dividend yield also provides an attractive income stream for investors.

The details

Edgewell's quarterly dividend of $0.15 per share represents an annualized payout of $0.60. The company's dividend payout ratio is expected to be around 17.8% of its projected earnings for the next fiscal year, indicating the dividend is well-covered by the firm's profits.

• Shareholders of record on Friday, March 6th will receive the dividend.
• The dividend will be paid on Wednesday, April 8th.