Reynolds Consumer Products Inc. (NASDAQ:REYN) Declares Quarterly Dividend of $0.23

Reynolds Consumer Products Inc. (NASDAQ:REYN) declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.23 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, May 15th.

Reynolds Consumer Products has raised its dividend payment by an average of 0.1%annually over the last three years. Reynolds Consumer Products has a payout ratio of 55.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Reynolds Consumer Products to earn $1.69 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 54.4%.

Reynolds Consumer Products Stock Down 0.6%

REYN stock opened at $20.84 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. Reynolds Consumer Products has a 12-month low of $20.44 and a 12-month high of $26.25. The company has a 50 day moving average of $21.93 and a two-hundred day moving average of $23.18. The company has a market cap of $4.39 billion, a price-to-earnings ratio of 14.61 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the firm earned $0.58 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. On average, equities analysts anticipate that Reynolds Consumer Products will post 1.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Rolf Stangl purchased 4,705 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average cost of $21.06 per share, with a total value of $99,087.30. Following the acquisition, the director directly owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This trade represents a 13.51% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.37% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

A number of large investors have recently bought and sold shares of the business. Isthmus Partners LLC boosted its stake in Reynolds Consumer Products by 1.2% in the first quarter. Isthmus Partners LLC now owns 113,165 shares of the company’s stock worth $2,397,000 after purchasing an additional 1,289 shares in the last quarter. New York State Teachers Retirement System lifted its position in Reynolds Consumer Products by 26.5% during the 1st quarter. New York State Teachers Retirement System now owns 13,974 shares of the company’s stock worth $296,000 after buying an additional 2,929 shares in the last quarter. MQS Management LLC acquired a new stake in Reynolds Consumer Products in the 1st quarter valued at about $280,000. SJS Investment Consulting Inc. lifted its position in Reynolds Consumer Products by 4,657.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company’s stock valued at $38,000 after purchasing an additional 1,770 shares during the period. Finally, Louisiana State Employees Retirement System bought a new stake in Reynolds Consumer Products in the first quarter valued at approximately $515,000. 26.81% of the stock is currently owned by institutional investors.

About Reynolds Consumer Products

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.