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Fortune Brands Innovations, Inc. (NYSE: FBIN) announced a quarterly cash dividend of $0.24 per common share, payable on June 12, 2024. The company is a leader in home products, security, and commercial building markets with a diverse brand portfolio.
Fortune Brands Innovations Inc. (NYSE: FBIN) reported strong Q1 2024 results with $1.1 billion in sales, a 7% increase YoY. Organic sales were $1.0 billion, a 3% decrease YoY. Earnings per share (EPS) were $0.76, a 13% increase YoY, and EPS before charges/gains were $0.83, a 20% increase YoY. The company reaffirmed its 2024 guidance, focusing on sales performance, margin expansion, and cash generation.