Somnigroup Announces Second Quarter Cash Dividend

Rhea-AI Summary

Somnigroup (NYSE: SGI) has announced a quarterly cash dividend of $0.15 per share for the second quarter. The dividend will be paid on June 5, 2025, to shareholders who are on record as of May 22, 2025. This dividend declaration demonstrates the company's commitment to returning value to shareholders through regular dividend payments.

Positive

• Regular dividend payment indicates financial stability and commitment to shareholder returns
• Maintains consistent cash returns to shareholders

Negative

• None.

News Market Reaction

-0.97%

1 alert

-0.97% News Effect

On the day this news was published, SGI declined 0.97%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LEXINGTON, Ky., May 8, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that its Board of Directors has declared a second quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on June 5, 2025, to shareholders of record as of May 22, 2025.

About Somnigroup International Inc.

Somnigroup is the world's largest vertically-integrated bedding company. We are dedicated to improving people's lives through better sleep. 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. We achieve our mission through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our asset 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 industry-leading 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 and rigorous management of 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
Investor Relations
Somnigroup International Inc.
Investor.relations@somnigroup.com

View original content:https://www.prnewswire.com/news-releases/somnigroup-announces-second-quarter-cash-dividend-302449090.html

SOURCE Somnigroup International

FAQ

What is the SGI dividend amount for Q2 2025?

Somnigroup (SGI) declared a Q2 2025 cash dividend of $0.15 per share.

When is the ex-dividend date for Somnigroup's Q2 2025 dividend?

Shareholders must be on record by May 22, 2025, to receive the dividend payment.

When will SGI pay its Q2 2025 dividend?

Somnigroup will pay the Q2 2025 dividend on June 5, 2025.

Who is eligible for Somnigroup's Q2 2025 dividend payment?

Shareholders who own SGI stock and are on record as of May 22, 2025, are eligible for the dividend payment.