Spectrum Brands Holdings' GAAP net income for 6 months of fiscal 2022 was $24.6 billion, down 4.41 times from $108.6 billion in the prior year. Revenue increased 4.6% to $1.565 billion from $1.496 billion a year earlier.

The Spectrum Brands Holdings Board of Directors announced a quarterly dividend of $0.42 per share. The last day to buy securities to receive the dividend is May 17, 2022. The annual dividend yield may reach 1.86%.

Spectrum Brands has completed its acquisition of Tristar Products, which manufactures and distributes appliances under the Tristar brand. Spectrum Brands paid $325 million and will pay up to an additional $125 million when certain gross margins are achieved in 2022 and 2023.

Spectrum Brands is acquiring Tristar Products, which manufactures and distributes appliances under the Tristar brand. Spectrum Brands will pay $325 million and pay up to $125 million more when certain gross margins are achieved in 2022 and 2023. The deal is expected to close within the next 3 months.