INVESTOR FAQ
Company History
WHEN WAS TEMPUR SEALY INTERNATIONAL, INC. FOUNDED?
Tempur-Pedic International Inc. acquired Sealy Corporation on March 18, 2013 and subsequently changed its name to Tempur Sealy International, Inc. on May 22, 2013. The U.S. Tempur business was originally founded in 1992 after nearly a decade of research and development of a product formulation originally designed for use by NASA. The Sealy business was founded in 1881 in the town of Sealy, Texas when Daniel Haynes, cotton gin builder, filled a request for a cotton-filled mattress.
HOW ARE TEMPUR-PEDIC PRODUCTS AFFILIATED WITH NASA?
In the early 1970's, NASA engineers developed a viscoelastic memory foam to relieve astronauts of the incredible G-forces experienced during lift-off. Tempur-Pedic®'s Swedish partners began experiments to perfect the NASA formula for consumer use and after nearly a decade and millions of dollars of research; the company introduced our improved version – the proprietary TEMPUR® pressure-relieving material.
In 1998 Tempur-Pedic® was awarded the "Certified Technology Seal" from NASA. This seal verifies that the underlying product technology was derived from the United States' efforts and experiments in space.
In 1998 Tempur-Pedic® was awarded the "Certified Technology Seal" from NASA. This seal verifies that the underlying product technology was derived from the United States' efforts and experiments in space.
WHEN DID TEMPUR SEALY INTERNATIONAL INC. BECOME A PUBLIC COMPANY?
The Company became a publicly-traded company on December 18, 2003.
General
WHERE ARE TEMPUR SEALY'S HEADQUARTERS?
Tempur Sealy International, Inc.’s corporate headquarters are located in Lexington, Kentucky.
ARE TEMPUR SEALY PRODUCTS DISTRIBUTED GLOBALLY?
Yes. Tempur Sealy International, Inc.’s products are currently sold in over 80 countries under the TEMPUR®, Tempur-Pedic®, Sealy®, Sealy Posturepedic®, and Stearns & Foster® brand names.
WHERE IS TEMPUR SEALY INTERNATIONAL, INC. STOCK TRADED?
Tempur Sealy International, Inc.’s stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol TPX.
WHO IS THE STOCK TRANSFER AGENT?
Tempur Sealy International, Inc.'s stock transfer agent is Equiniti Trust Company, LLC. More information is available at https://equiniti.com/us/ast-access.
HOW CAN I BUY TEMPUR SEALY INTERNATIONAL, INC. STOCK?
You can purchase Tempur Sealy International, Inc. common stock through any brokerage account. Our stock trades on the New York Stock Exchange under the ticker symbol TPX.
WHO IS TEMPUR SEALY INTERNATIONAL, INC.'S INDEPENDENT AUDITOR?
The Company's independent auditor is Ernst and Young LLP.
Dividend
DOES TEMPUR SEALY PAY A CASH DIVIDEND?
The Board of Directors initiated a quarterly cash dividend in 2021. The Board of Directors will evaluate potential future cash dividends against current and future earnings.
WHY HAVE YOU DECIDED TO INITIATE A CASH DIVIDEND?
We believe that a modest dividend represents an attractive return to income investors while also permitting us to continue to invest in people, products, processes, share repurchase and opportunistic acquisitions.
HAS TEMPUR SEALY EVER ISSUED A CASH DIVIDEND IN THE PAST?
Yes, Tempur Sealy issued cash dividends in 2007 and 2008. For additional information regarding historical cash dividends, please refer to the ‘Dividend and Stock Split History’ webpage.
DOES TEMPUR SEALY HAVE A DIVIDEND REINVESTMENT PROGRAM?
No, the Company does not have a dividend reinvestment program.