Somnigroup Announces Third Quarter Cash Dividend
Rhea-AI Summary
Somnigroup (NYSE:SGI) has announced its third quarter cash dividend of $0.15 per share on its common stock. The dividend will be paid on September 5, 2025, to shareholders who are on record as of August 21, 2025.
Positive
- Consistent dividend payment demonstrates financial stability
- Provides regular income stream to shareholders
Negative
- None.
News Market Reaction – SGI
On the day this news was published, SGI gained 0.43%, reflecting a mild positive market reaction. This price movement added approximately $66M to the company's valuation, bringing the market cap to $15.43B at that time. Trading volume was elevated at 2.4x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
About Somnigroup International Inc.
Somnigroup is the world's largest bedding company, 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, 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
Investor Relations
Somnigroup International Inc.
Investor.relations@somnigroup.com
View original content:https://www.prnewswire.com/news-releases/somnigroup-announces-third-quarter-cash-dividend-302523612.html
SOURCE Somnigroup International
FAQ
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