S&P 500 falls on pressure from retail stocks, weak jobless claims
DEERFIELD, Ill. - Fortune Brands Innovations, Inc. (NYSE:FBIN) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share.
The dividend will be payable on September 10, 2025, to stockholders of record as of the close of business on August 22, 2025, according to a company press release.
Fortune Brands Innovations describes itself as a home, security and digital products company with a portfolio that includes brands such as Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.
The Deerfield, Illinois-based company focuses on products for home, security and commercial building markets. Fortune Brands Innovations trades on the New York Stock Exchange under the ticker symbol FBIN.
In other recent news, Janus International Group, Inc. announced the appointment of Jason Williams as the new President of Janus International Group, LLC. Williams will focus on core strategies such as sales, marketing, financial performance, and product development in the self-storage and commercial door and hallway business. With over 15 years of experience, he previously served as President of the Security business unit at Fortune Brands Innovations. Janus International’s CEO, Ramey Jackson, expressed confidence in Williams’ capabilities to drive growth, highlighting his track record in technologically advanced industrial companies.
In another development, Fortune Brands Innovations, Inc. appointed Brendan M. Foley to its Board of Directors, effective July 1, 2025. Foley, the current Chairman, President, and CEO of McCormick & Company, brings significant experience in consumer packaged goods and strategic transformation. Nicholas Fink, CEO of Fortune Brands, noted Foley’s potential to contribute to the company’s growth through his innovative approach and strategic insights. This move is part of Fortune Brands’ ongoing efforts in board refreshment and succession planning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.