Estee Lauder : The Estée Lauder Companies Inc. Increases Quarterly Dividend 12% to $.48 Per Share
October 31, 2019 at 06:52 am EDT
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The Estée Lauder Companies Inc. Increases Quarterly Dividend 12% to $.48 Per Share
Press Release, Oct 31, 2019
The Estée Lauder Companies Inc. Increases Quarterly Dividend 12% to $.48 Per Share
NEW YORK--(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) announced today an increase in the quarterly dividend on the Company's Class A and Class B Common Stock to $.48 per share, a 12% increase over the previous quarterly rate of $.43 per share. The $.48 per share quarterly dividend will be payable on December 16, 2019 to stockholders of record at the close of business on November 29, 2019.
The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company's products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, M•A•C, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.
ELC-F
View source version on businesswire.com:https://www.businesswire.com/news/home/20191031005114/en/
Investors: Rainey Mancini
(212) 284-3049
Media: Alexandra Trower
(212) 572-4430
Source: The Estée Lauder Companies Inc.
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The Estée Lauder Companies Inc. published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 10:51:15 UTC
The Estée Lauder Companies Inc. is one of the 1st world cosmetics groups. Products are sold under brands (Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown, La Mer, Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr. Jart+, DECIEM and The Ordinary) and under brands of licenses (Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Dr. Andrew Weil, Ermenegildo Zegna and AERIN). Net sales break down by family of products as follows:
- skin care products (58.4%);
- make-up products (25.9%);
- perfumes (11.9%);
- hair care products (3.5%);
- other (0.3%).
At the end of June 2021, products are marketed through about 1,600 outlets worldwide, distributed between large stores, perfume shops, pharmacies, beauty institutes and exclusive shops, and via Internet.
The group has 10 production sites worldwide.
Net sales are distributed geographically as follows: Americas (23.4%), Europe/Middle East/Africa (42.8%) and Asia/Pacific (33.8%).