Corporate ActionJun 22, 2026, 08:12 AM
Lifetime Brands Declares $0.0425 Quarterly Dividend; Approves ESOP
AI Summary
Lifetime Brands, Inc. announced the results of its 2026 Annual Meeting of Stockholders, where shareholders approved an amendment and restatement of the 2000 Long-Term Incentive Plan, reserving 10,717,500 shares. Additionally, nine directors were elected to the Board, Ernst & Young LLP was ratified as the independent auditor for 2026, and the 2025 executive compensation was approved on an advisory basis. Separately, the Board declared a quarterly cash dividend of $0.0425 per share, payable on August 14, 2026, to stockholders of record as of July 31, 2026.
Key Highlights
- Quarterly cash dividend of $0.0425 per share declared.
- Dividend payable August 14, 2026, to stockholders of record July 31, 2026.
- Amendment and restatement of the 2000 Long-Term Incentive Plan approved.
- Plan reserves 10,717,500 shares of common stock for issuance.
- Nine directors elected to the Board at the Annual Meeting.
- Ernst & Young LLP ratified as independent auditor for 2026.
- 2025 executive compensation approved on an advisory basis.
Price Impact
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