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StockNews.com
Business
Pragya Pandey

Is Newell Brands a Good Dividend Stock to Buy?

Newell Brands (NWL) in Atlanta, Ga., is a multinational consumer products corporation with an impressive portfolio of well-known brands, including Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer's, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Contigo, Oster, Sunbeam, and Mr. Coffee.

NWL's dividend pay-outs have grown at a 3.9% CAGR over the past five years. While its four-year average dividend yield is 4.7%, its current dividend translates to a 3.5% yield. And it announced a $0.23 per share dividend on Feb.3, 2022, payable on March 15.

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