Fortune Brands Home & Security, Inc.

Fortune Home & Security, Inc. is an American company that produces a wide range of home and security consumer products. It was incorporated on October 4th, 2011, following a spin-off from Fortune Brands, Inc. and is headquartered in Deerfield, Illinois. Fortune Home & Security, Inc. shares are traded on the New York Stock Exchange (NYSE) as “FBHS”. FBHS employs over 20,000 associates who are led by a hand-picked team of highly-qualified and experienced executives. Although most of the company’s facilities are located in America, it also operates in other countries like Japan, China, Mexico and Canada. Master Lock, MasterBrand Cabinets and Therma-Tru are some of its famous brands that are trusted by a large number of customers. Established in 1921, Master Lock was the first company to introduce a laminated padlock. In 2013, FBHS issued dividends of $0.10 to its shareholders for the first time. Since then, it has been consistent in increasing the dividends over the years. In 2019, FBHS generated an estimated revenue of $5.8 billion. It plans on following a similar acquisition strategy to expand further. Over the years, FBHS has made significant investments to facilitate its expansion. In 2016, FBHS acquired Perrin Rowe and Riobel, Rohl and expanded its plumbing business. Next year, Fortune Home & Security acquired Shaws and Victoria + Albert which led to the expansion of its Global Pumping Group. In 2018, the company further acquired Fiberon to strengthen its Doors and Security business. Some of its other acquisitions include Norcraft cabinets, Woodcrafters and SentrySafe. Between 2012 and 2017, Fortune Home & Security, Inc. was included in the list of Fortune Magazine’s World’s Most Admired Companies for six times in a row. FBHS ranks 494th on the list of Fortune 500 companies. All the details that are crucial for investment such as FBHS shares have been updated on this page regularly to help you with the investment beforehand.