Tupperware Brands Corporation Declares Increased Quarterly Dividend of $0.30

Tupperware Brands Corporation TUP announced that its board of directors declared today a 30 cent dividend, payable to shareholders of record as of December 17, 2010 that will be paid on January 4, 2011. The $1.20 per share annual dividend implied reflects a 20% increase in the quarterly dividend from 25 cents per quarter paid during 2010, and represents a payout ratio on an annual basis of 34% based on the mid point of the Company's GAAP diluted earnings per share outlook range provided last month.