Kenvue Boosts Quarterly Dividend by 1.2%, Increases Payout to 20.75 Cents Per Share

Kenvue (KVUE) announced a 1.2% increase in its quarterly dividend to 20.75 cents per share, marking a slight rise from the previous payout. The company operates in the consumer health sector with a portfolio of globally recognized brands and a market capitalization of approximately $42.56 billion. Kenvue's financial health is characterized by a trailing twelve-month revenue of $15.3 billion, an operating margin of 16.94%, and a net margin of 6.9%. However, the company faces challenges in maintaining revenue growth and faces competition in the consumer health sector.