Estee Lauder As of January 14, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
EL $2.40 0.0% 13.2% N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
Beauty Products 0.7% 1 N/A Quarter 1996
Estee Lauder hikes dividend by 13.2%

The Estée Lauder Companies (EL) will hike its dividend by 13.2 percent to 60 cents quarterly. Last year the dividend was suspended and later reinstated again with quarterly dividend of 48 cents per share.

The next quarterly dividend of $0.60 per share on the Company’s Class A and Class B Common Stock will be paid on December 15, 2021 to stockholders of record at the close of business on November 30, 2021. The new annual dividend rate of $2.40 per share yields 0.7% at a stock price of $348 for EL.

Because of the suspension in 2020 a dividend track record of 10 consecutive years with at least a double digit dividend hike announced by Estée Lauder ended. The company now pays an estimated $867 million in dividends annually to its shareholders.

The Estée Lauder Companies Inc. is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold worldwide 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. The company had paid dividends every year since it went public in November 1995.

Dividend Calendar

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Ex-date Ticker Yield YTD hike
Jan 18 DGX 1.7% 0.0%
Jan 18 LOW 1.3% 0.0%
Jan 18 WST 0.2% 0.0%
Jan 19 ZTS 0.6% 0.0%
Jan 19 CAT 1.9% 0.0%
Jan 20 PKI 0.2% 0.0%
Jan 20 PNR 1.3% 0.0%
Jan 20 COO 0.0% 0.0%
Jan 20 PG 2.2% 0.0%
Jan 20 APA 1.5% 0.0%