Tupperware Brands Corporation (TUP) recently declared a quarterly dividend of 22 cents per share, which translates into an industry-leading yield of 2%. The industry average stands at 0.66%. TUP stacks up well against the market, beating the major averages by more than 20% since reporting.

Company Description

Tupperware Brands Corporation is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force of over 2 million.

Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand as well as beauty and personal care products through its Avroy Shlain, BeautiControl, Fulller, NaturCare, Nutrimetrics, and Nuvo brands.

Solid Income

The company recently declared a quarterly dividend of 22 cents per share, which translates into an industry-leading yield of 2%. The industry average stands at 0.66%.

The dividend is payable on October 2 to shareholders of record as of September 9.

Bullish Forecasts

Tupperware Brands Corporation continues to see bullish projections. Analysts polled by Zacks are calling for full-year earnings of $2.66 per share, well ahead of the 2 months-ago level of $2.27.

For 2010, the Zacks Consensus Estimate of $3.05 per share was increased from last month’s $3.01 and the 2 months-ago forecast of $2.48.

The Zacks Consensus Estimate stands at 40 cents per share for the third quarter, versus the 2 months-ago projection of 36 cents.

Strong Quarter

Tupperware saw second-quarter adjusted earnings of 86 cents per share, which topped the year-prior 75 cents and exceeded the consensus estimate by 41%. Sales were up 4% on a year-over-year basis.

Favorable Comparisons

Tupperware offers a return on equity (ROE) of 33%, topping the industry average of 18%. The company’s net profit margin of 8% doubles the industry average of 4%. TUP’s earnings per share are expected to grow 12% over the next 3 – 5 years, which is above the industry average of 10%.

Tupperware stacks up well against the market, beating the major averages by more than 20% since reporting. The company also outperformed over the past year.

Zacks Investment Research
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