SmarterDividends
SPB

Spectrum Brands Holdings, Inc.

SPB

Consumer Defensive · Household & Personal Products · Stock · quarterly payer

$79.01

Undervalued · +60% Add to Portfolio

Forward Yield

2.38%

Annual Dividend

$1.88

Payout Ratio

57%

5-Yr Growth

2.3%

Ex-Date

Aug 25, 2026

Frequency

Quarterly

Key facts about SPB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Spectrum Brands Holdings, Inc. (SPB) has a forward dividend yield of 2.38%, based on an annual dividend of $1.88 per share and a share price of $79.01.
  • As of Oct 18, 2026, SPB's dividend safety grade from SmarterDividends is B (72 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Spectrum Brands Holdings, Inc. (SPB) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
  • SPB last cut its regular dividend in 2018.
  • SPB's most recent ex-dividend date was Aug 25, 2026, for a dividend of $0.47 per share.
  • As of Oct 18, 2026, SPB pays out 57% of its trailing 12-month earnings as dividends (its payout ratio).
  • SPB's dividend has grown at an average rate of 2.3% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SPB is $126.68 per share, 60% above the $79.01 share price, so SPB screens as undervalued.
  • Spectrum Brands Holdings, Inc. (SPB) pays its dividend quarterly, 4 times a year.
  • Spectrum Brands Holdings, Inc. (SPB) has raised its regular dividend 7 times and cut it 1 time across the 70 payments on record since 1979. Its most recent change was a 11.9% increase to $0.470 per share, going ex-dividend on Nov 26, 2024. The last cut went ex-dividend on Oct 28, 1985.
Cite this page

SmarterDividends, "SPB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SPB

Summary

As of Oct 18, 2026, Spectrum Brands Holdings, Inc. (SPB) yields 2.38% ($1.88 a year per share), has a dividend safety grade of B (72/100) and has 2 consecutive years of dividend increases on record.

Is SPB a good dividend stock?

Yes, with caveats

Spectrum Brands Holdings, Inc. (SPB) pays a quarterly dividend yielding 2.38% ($1.88/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (57%)

Risks

  • Cut its dividend in 2018
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.38%
Payout Ratio
57%
Annual Dividend
$1.88
5-Yr Avg Growth
2.3%
Ex-Dividend Date
Aug 25, 2026
Years of Growth
2
Frequency
quarterly
Beta
0.77
Market Cap
$1.8B
P/E Ratio
23.8
5-Yr Total Return
-21%
52-Week Range
$51.41 – $99.06
Dividend Safety
B · 72/100
Ever Cut?
Yes (2018)

SPB dividend raises and cuts

Spectrum Brands Holdings, Inc. (SPB) has raised its regular dividend 7 times and cut it 1 time across the 70 payments on record since 1979. Its most recent change was a 11.9% increase to $0.470 per share, going ex-dividend on Nov 26, 2024. The last cut went ex-dividend on Oct 28, 1985.

Ex-dateChangeOld → newMove
Nov 26, 2024Raise$0.420 → $0.470+11.9%
Oct 28, 1985Cut$8.10 → $1.16−85.7%
Jan 11, 1983Raise$6.94 → $8.10+16.7%
Jan 11, 1982Raise$3.86 → $6.94+80.0%
Jan 22, 1981Raise$2.31 → $3.86+66.7%
Jan 14, 1980Raise$1.42 → $2.31+63.2%
Oct 12, 1979Raise$1.39 → $1.42+2.0%
Apr 6, 1979Raise$1.34 → $1.39+4.0%
Every SPB payment →Download every raise and cut (CSV)
SPB ex-dividend date & scheduleNext ex-date Aug 25, 2026 · full ex-dividend historyView →SPB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SPB a good dividend stock?

Yes, with caveats. Spectrum Brands Holdings, Inc. (SPB) pays a quarterly dividend yielding 2.38% ($1.88/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is SPB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SPB's fair value is about $126.68 versus a $79.01 share price — so it looks undervalued (+60% vs. fair value).

Is SPB's dividend safe?

SPB has a dividend-safety grade of B (72/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2018, debt and yield-versus-history.

What is SPB's fair value?

Our blended fair-value estimate for SPB is about $126.68 per share, roughly 60% above the current $79.01 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SPB a buy, hold, or sell?

We don't issue formal ratings, but on the data SPB screens as "yes, with caveats" and undervalued. Spectrum Brands Holdings, Inc. (SPB) pays a quarterly dividend yielding 2.38% ($1.88/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SPB cut its dividend?

SPB earns a dividend-safety grade of B (72/100), and has cut its dividend before (last in 2018). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SPB pay a dividend?

Yes. Spectrum Brands Holdings, Inc. pays a quarterly dividend of about $1.88 per share annually, a forward yield of roughly 2.38%.

What is SPB's dividend yield?

As of Oct 18, 2026, SPB's forward dividend yield is 2.38%, based on a $1.88 annual dividend and a $79.01 share price.

What is SPB's dividend per share?

As of Oct 18, 2026, SPB pays $1.88 per share per year, distributed on a quarterly basis.

What is SPB's dividend payout ratio?

As of Oct 18, 2026, SPB's payout ratio is 57% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has SPB grown its dividend?

As of Oct 18, 2026, SPB has increased its dividend for 2 consecutive years.

When is the next SPB ex-dividend date?

As of Oct 18, 2026, SPB's next ex-dividend date hasn't been announced. The most recent was Aug 25, 2026, for $0.47 per share.

Income Calculator

At $1.88 / yr per share

Per payment (quarterly)$47.00
Annual$188.00
Monthly avg$15.67

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