Somnigroup Announces First Quarter Cash Dividend

Core Viewpoint - Somnigroup International Inc. has declared a first quarter cash dividend of $0.17 per share, reflecting the company's strong market position and ability to generate significant free cash flow [1]. Group 1: Dividend Announcement - The Board of Directors has approved a cash dividend of $0.17 per share, payable on March 19, 2026, to shareholders of record as of March 5, 2026 [1]. - This marks the sixth increase in the dividend over the last five years, with the cash dividend more than doubling since its initiation in 2021 [1]. Group 2: Company Overview - Somnigroup is the world's largest bedding company, operating in over 100 countries and offering brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's® [1]. - The company focuses on delivering innovative sleep solutions and has a global omni-channel platform to enhance consumer experience [1]. - Somnigroup is committed to long-term shareholder value through prudent capital allocation and is guided by its core value of Doing the Right Thing, emphasizing environmental and community responsibility [1].