Somnigroup Announces First Quarter Cash Dividend

Rhea-AI Summary

Somnigroup (NYSE: SGI) announced a first quarter cash dividend of $0.17 per share, payable March 19, 2026 to shareholders of record as of March 5, 2026.

The Board said the increase reflects the companys market position and its ability to generate significant free cash flow. This is the sixth dividend increase in five years and more than doubles the dividend since 2021.

Positive

• Dividend declared at $0.17 per share
• Payable on March 19, 2026; record date March 5, 2026
• Sixth dividend increase in five years
• Dividend has more than doubled since 2021
• Board cites strong market position and significant free cash flow

Negative

• Creates a cash outflow on March 19, 2026

Market Reaction

-7.33% $89.00

15m delay 19 alerts

-7.33% Since News

$89.00 Last Price

$85.62 $92.08 Day Range

-$1.48B Valuation Impact

$18.68B Market Cap

1.3x Rel. Volume

Following this news, SGI has declined 7.33%, reflecting a notable negative market reaction. Our momentum scanner has triggered 19 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $89.00. This price movement has removed approximately $1.48B from the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

DALLAS, Feb. 17, 2026 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.17 per share. The dividend is payable on March 19, 2026, to shareholders of record as of March 5, 2026.

Somnigroup Chairman and CEO Scott Thompson commented, "We are pleased to announce this increase to our quarterly dividend. Our Board of Directors increased the quarterly dividend to $0.17 per share based on the strength of the Company's market position and demonstrated ability to generate significant free cash flow. This marks the sixth increase to our dividend over the last five years, more than doubling the cash dividend since its initiation in 2021."

About Somnigroup International Inc.

Somnigroup is the world's largest bedding company, dedicated to transforming how the world sleeps. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide, through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored sleep solutions.

We seek to deliver long-term value for our shareholders through prudent capital allocation, including managing investments in our businesses. We are guided by our core value of Doing the Right Thing and committed to our global responsibility to protect the environment and the communities in which we operate. For more information, please visit www.somnigroup.com.

Investor Relations Contact
Aubrey Moore
Lauren Avritt
Investor Relations
Somnigroup International Inc.
Investor.relations@somnigroup.com

View original content:https://www.prnewswire.com/news-releases/somnigroup-announces-first-quarter-cash-dividend-302688870.html

SOURCE Somnigroup International

FAQ

What dividend did Somnigroup (SGI) declare for Q1 2026?

Somnigroup declared a cash dividend of $0.17 per share for Q1 2026. According to the company, the Board approved the increase based on the firm's market position and its ability to generate significant free cash flow.

When is the Somnigroup (SGI) dividend payable and what is the record date?

The dividend is payable on March 19, 2026 with a record date of March 5, 2026. According to the company, shareholders on the record date will be eligible to receive the March 19 cash payment.

How many times has Somnigroup (SGI) raised its dividend in recent years?

This marks the sixth increase to Somnigroup's dividend over the last five years. According to the company, the dividend has more than doubled since its initiation in 2021, reflecting a multi-year trend of increases.

What reason did Somnigroup (SGI) give for increasing the quarterly dividend?

Somnigroup said the increase reflects its strong market position and ability to generate significant free cash flow. According to the company, those factors supported the Board's decision to raise the quarterly cash dividend.

What does the $0.17 dividend mean for SGI shareholders this quarter?

Shareholders of record on March 5, 2026 will receive $0.17 per share on March 19. According to the company, the payout reflects ongoing cash returns to shareholders and the Board's confidence in cash generation.

How can investors ensure they receive the Somnigroup (SGI) March 2026 dividend?

To receive the dividend, investors must be shareholders of record on March 5, 2026. According to the company, owning SGI shares by that record date qualifies holders for the March 19, 2026 cash payment.