Lifetime Brands declares $0.0425 dividend, elects directors
Lifetime Brands, Inc. elected nine directors and ratified Ernst & Young LLP as its auditor during its 2026 Annual Meeting. The Board declared a quarterly cash dividend of $0.0425 per share, payable on August 14, 2026. Shareholders also approved executive compensation and an amendment to the long-term incentive plan.
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Lifetime Brands, Inc. announced the election of nine directors to its board and ratified Ernst & Young LLP as its independent registered public accounting firm for the year ending December 31, 2026. The company also declared a quarterly cash dividend of $0.0425 per share, payable on August 14, 2026 to stockholders of record at the close of business on July 31, 2026. These decisions were finalized during the 2026 Annual Meeting of Stockholders held on Thursday, June 18, 2026.
Board Elections and Auditor Ratification
Stockholders elected the following individuals to serve as directors until the next Annual Meeting of Stockholders:
| Name | Position/Affiliation |
|---|---|
| Jeffrey Siegel | Chairman of the Board |
| Robert B. Kay | Chief Executive Officer, Lifetime Brands, Inc. |
| Jeffrey H. Evans | Former Executive Vice President, Entertainment, Toys, and Seasonal, Walmart U.S. |
| Rachael A. Jarosh | Former President and Chief Executive Officer, Enactus |
| Cherrie Nanninga | Partner, Real Estate Solutions Group, LLC |
| Bruce G. Pollack | Managing Partner, Centre Partners Management, LLC |
| Michael J. Regan | Retired Certified Public Accountant |
| Michael Schnabel | Senior Partner, Centre Partners Management, LLC |
| Daniel Siegel | President, Lifetime Brands, Inc. |
In addition to the board elections, stockholders ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026.
Shareholder Approvals
On a non-binding advisory basis, stockholders approved the 2025 compensation of the company’s named executive officers. The stockholders also approved an amendment and restatement of the company’s Amended and Restated 2000 Long-Term Incentive Plan.
Dividend Declaration
Separately, on Thursday, June 18, 2026, the Board of Directors of Lifetime Brands declared a quarterly cash dividend of $0.0425 per share. The dividend is payable on August 14, 2026 to stockholders of record at the close of business on July 31, 2026.
How will the amendment and restatement of the Long-Term Incentive Plan impact executive retention and performance?
What strategic initiatives does the board plan to prioritize following the 2026 Annual Meeting?
Is the current dividend payout sustainable given the company's financial outlook?
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