LONDON, UK / ACCESSWIRE / September 18, 2017 / Pro-Trader Daily takes a closer look at Tupperware Brands Corp. (NYSE: TUP) ("Tupperware") as the Company's stock will begin trading ex-dividend on September 19, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on September 18, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

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Dividend Declared

On August 14, 2017, Tupperware announced that its Board of Directors declared the Company's regular quarterly dividend of $0.68 per share, payable on October 05, 2017, to shareholders of record as of September 20, 2017.

Tupperware's indicated dividend represents a yield of 4.58%, which is more than double compared to the average dividend yield of 1.82% for the Consumer Goods sector. The Company is paying the same regular dividend spanning back to January 2014. Tupperware has been a reliable dividend stock with the Company not missing a single dividend payment in the past twenty years.

Dividend Insights

Tupperware has a dividend payout ratio of 57.9%, which reflects that it distributes approximately $0.58 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Tupperware is projected to report earnings of $5.08 per share in the coming year, which means that the Company should be able to comfortably cover its annualized dividend of $2.72.

For its second quarter ending on July 01, 2017, Tupperware generated net cash from operating activities of $14.0 million. As on July 01, 2017, Tupperware had $85.0 million in cash and cash equivalents compared to cash worth $93.2 million as on December 31, 2016. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period.

Recent Development for Tupperware

On July 26, 2017, Tupperware announced that net sales were $572.9 million in Q2 2017, up 1% in dollars and 2% in local currency. The Company's emerging markets region, accounting for 69% of sales, achieved a 6% increase in dollars and local currency.

Tupperware's GAAP net loss and diluted loss per share were $17.7 million and $0.34, respectively, for Q2 2017 versus $52.4 million in net income and $1.03 in diluted earnings per share in Q2 2016. The Company's adjusted diluted earnings per share of $1.21 were 4% higher in dollars and 3% in local currency. Tupperware's total sales force of 3.2 million was up 3% versus the prior year. Average active sellers in the reported quarter were down 7% on a y-o-y basis.

About Tupperware Brands Corp.

Tupperware, through an independent sales force of 3.2 million, is the leading global marketer of innovative, premium products across multiple brands utilizing social selling. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through Tupperware brand and beauty and personal care products through the Avroy Shlain, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo brands.

Stock Performance

On Friday, September 15, 2017, the stock closed the trading session at $59.69, slightly rising 0.45% from its previous closing price of $59.42. A total volume of 525.39 thousand shares have exchanged hands, which was higher than the 3-month average volume of 427.11 thousand shares. Tupperware's stock price advanced 2.10% in the last one month. Furthermore, since the start of the year, shares of the Company have surged 13.44%. The stock is trading at a PE ratio of 19.25 and has a dividend yield of 4.56%. The stock currently has a market cap of $3.02 billion.

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