Fortune Brands is a home and security consumer products company. We began trading on the New York Stock Exchange following our spin-off from Fortune Brands, Inc. (NYSE: FO) on October 4, 2011. Today, Fortune Brands is part of the S&P 500 Index.
As an independent company we’ve created substantial value for our shareholders. In 2013 we issued our first dividend of $0.10. Since then, we've consistently paid and increased our dividend. As of 2018, the Company dividend is $0.20, a significant increase from the initial offering. See our dividend history.
We operate in only the most attractive and profitable product categories – those that are consumer-focused, where strong brands and innovation matter. Our company and products are frequently honored for excellence, product innovation and customer satisfaction. View our Key Recognitions to see some of our most recent awards.
Fortune Brands is headquartered in Deerfield, Illinois, just north of Chicago. Our company of approximately 23,000 associates is led by a highly-experienced executive team. Our associates and facilities are primarily located in the United States, but we also have teams and operations in Canada, Mexico, Europe, China, Japan and more. We plan to expand our global footprint.
We’ve made smart investments in capacity and capabilities and have deployed cash to strategically grow the business. In 2017 we expanded our Global Plumbing Group (GPG) by acquiring Shaws and Victoria + Albert. These businesses, in addition to 2016’s acquisitions of Riobel, ROHL and Perrin & Rowe, broaden the overall product offering of the GPG beyond Moen, the number-one faucet brand in North America. Prior acquisitions include WoodCrafters cabinets, SentrySafe personal safes and Norcraft cabinets. View our mergers and acquisitions highlights.
In 2017, the Company posted net sales of $5.3 billion. We remain focused on growing organically and through strategic acquisitions.