COTY INC
COTYCoty Inc. is a global beauty company specializing in the production and marketing of cosmetics, fragrances, and skincare products. Founded in 1904, it is known for its wide portfolio of well-known brands, including CoverGirl, Clairol, and professional beauty brands, as well as a strong presence in the fragrance industry with names like Calvin Klein, Gucci, and Marc Jacobs. Coty operates in various markets worldwide, focusing on innovation and brand development within the beauty and personal care sectors.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 27, 2020 | $0.12 | 2020-02-14 | 2020-02-18 |
| December 27, 2019 | $0.12 | 2019-11-15 | 2019-11-18 |
| September 30, 2019 | $0.12 | 2019-09-06 | 2019-09-09 |
| June 28, 2019 | $0.12 | 2019-06-05 | 2019-06-06 |
| March 15, 2019 | $0.12 | 2019-02-27 | 2019-02-28 |
Dividends Summary
- Consistent Payer: COTY INC has rewarded shareholders with 17 dividend payments over the past 7 years.
- Total Returned Value: Investors who held COTY shares during this period received a total of $2.55 per share in dividend income.
- Latest Payout: The most recent dividend of $0.12/share was paid 2128 days ago, on March 27, 2020.
- Yield & Schedule: COTY currently pays dividends quarterly with an annual yield of 15.15%.
- Dividend Growth: Since 2013, the dividend payout has decreased by 37.5%, from $0.20 to $0.12.
- Dividend Reliability: COTY has maintained or increased its dividend for 13 consecutive payments.
Company News
Law firm Bragar Eagel & Squire is investigating potential securities violations at three companies: Soleno Therapeutics following a report questioning its product's safety and pricing, AVITA Medical due to significant claim payment backlogs affecting product utilization, and Coty following unexpected losses and disappointing guidance attributed t...
The global fragrance market is projected to grow from $59.3 billion in 2024 to $98.08 billion by 2034, with a CAGR of 5.2%. Key growth drivers include personalized beauty demand, e-commerce expansion, and emerging markets in Asia Pacific and the Middle East. Perfumes and essential oils are the fastest-growing segments, while online distribution c...
Wall Street traded modestly higher Tuesday with the S&P 500 up 0.4% near 6,900. Strong U.S. GDP data (4.3% annualized growth) prompted traders to scale back Fed rate cut expectations. Novo Nordisk surged 9% following FDA approval of Wegovy in pill form. Precious metals rallied significantly, with silver jumping over 2% to break above $70/ounce (u...
Coty Inc. announced that Markus Strobel, a 33-year P&G veteran who most recently served as President of Global Skin & Personal Care, will become Executive Chairman and Interim CEO effective January 1, 2026. He succeeds retiring board member Peter Harf and outgoing CEO Sue Nabi. The leadership transition comes as Coty sold its remaining 25.8% stak...
Pomerantz LLP is investigating potential securities fraud at Coty Inc. after the company reported an unexpected loss and disappointing financial guidance for fiscal year 2025, causing its stock price to drop 21.6%.
