Somnigroup International Raises Quarterly Dividend 13% to $0.17
Somnigroup International Inc. declared a quarterly cash dividend of $0.17 per share, a 13% increase from the prior $0.15 per share. The payment marks the sixth dividend increase since 2021.
Somnigroup International Inc. raised its quarterly cash dividend to $0.17 per share, up 13% from the previous $0.15 per share, the company announced on February 17, 2026. The board action represents the sixth dividend increase since 2021. Read more dividend announcements.
The dividend will be paid on March 19, 2026 to shareholders of record as of March 5, 2026. The Dallas-based bedding manufacturer trades on the New York Stock Exchange under the ticker symbol SGI.
| Dividend Details | Information |
|---|---|
| Amount | $0.17 per share |
| Previous Amount | $0.15 per share |
| Increase | 13% |
| Record Date | March 5, 2026 |
| Payment Date | March 19, 2026 |
Fourth Quarter Results Drive Dividend Action
The dividend announcement accompanied Somnigroup's fourth quarter 2025 financial results. The company reported net sales of $1.87 billion for the quarter ended December 31, 2025, up 55% from $1.21 billion in the prior-year period. The increase was driven primarily by the inclusion of $892.1 million in sales from recently acquired Mattress Firm.
Operating income jumped 94% to $247.1 million from $127.6 million in the fourth quarter of 2024. Net income rose 96% to $140.8 million from $71.9 million a year earlier. The company attributed the gains to the Mattress Firm acquisition and realized sales and cost synergies.
Adjusted operating income increased 60% to $267.8 million from $167.6 million in the prior-year quarter. Adjusted net income climbed 43% to $153.7 million from $107.2 million.
2026 Guidance and Long-Term Outlook
Somnigroup issued full-year 2026 guidance for adjusted earnings per share of $3.00 to $3.40, representing approximately 19% growth from 2025 adjusted EPS at the midpoint. The company cautioned that expectations are subject to risks including potential new tariffs, government shutdowns, and macroeconomic uncertainty.
Chairman and CEO Scott Thompson outlined a longer-term target for adjusted EPS to reach approximately $5.15 by 2028, representing a 24% compound annual growth rate from 2025's $2.70. The company expects sales to grow at a mid-single-digit compound annual rate during the period.
Somnigroup completed its acquisition of Mattress Firm on February 5, 2025. As of December 31, 2025, the company reported total debt of $4.7 billion and consolidated indebtedness less cash of $4.6 billion, with a leverage ratio of 3.21 times adjusted EBITDA.