Armstrong World Industries Announces Increase in Quarterly Dividend
Armstrong World Industries (NYSE:AWI) has announced a 10% increase in its quarterly cash dividend to $0.308 per share of common stock. The dividend will be paid on November 21, 2024, to stockholders of record as of November 7, 2024. This marks the company's sixth consecutive annual dividend increase since initiating its program in 2018. The company's CFO highlighted their strong free cash flow generation and healthy balance sheet, emphasizing their commitment to returning cash to shareholders as a key component of their capital allocation strategy.
Armstrong World Industries (NYSE:AWI) ha annunciato un aumento del 10% del suo dividendo trimestrale in contante a $0,308 per azione di azioni ordinarie. Il dividendo sarà pagato il 21 novembre 2024, agli azionisti registrati al 7 novembre 2024. Questo segna il sesto aumento annuale consecutivo del dividendo da quando è stato avviato il programma nel 2018. Il CFO dell'azienda ha evidenziato la loro forte generazione di flusso di cassa libero e un bilancio sano, sottolineando il loro impegno a restituire liquidità agli azionisti come componente chiave della loro strategia di allocazione del capitale.
Armstrong World Industries (NYSE:AWI) ha anunciado un aumento del 10% en su dividendo en efectivo trimestral a $0.308 por acción de acciones ordinarias. El dividendo se pagará el 21 de noviembre de 2024 a los accionistas registrados a partir del 7 de noviembre de 2024. Esto marca el sexto aumento anual consecutivo del dividendo desde el inicio de su programa en 2018. El CFO de la empresa destacó su fuerte generación de flujo de efectivo libre y un balance saludable, enfatizando su compromiso de devolver efectivo a los accionistas como un componente clave de su estrategia de asignación de capital.
암스트롱 월드 인더스트리(주)(NYSE:AWI)는 분기 현금 배당금을 10% 인상하여 주당 $0.308로 발표했습니다. 배당금은 2024년 11월 21일에 지급될 예정이며, 2024년 11월 7일 기준 주주에게 지급됩니다. 이것은 2018년에 프로그램을 시작한 이래 회사의 여섯 번째 연속 배당금 인상을 의미합니다. 회사의 CFO는 강력한 자유 현금 흐름 생성 및 건전한 재무 상태를 강조하며, 자본 할당 전략의 주요 구성 요소로서 주주에게 현금을 반환하겠다는 그들의 의지를 강조했습니다.
Armstrong World Industries (NYSE:AWI) a annoncé une augmentation de 10% de son dividende trimestriel en espèces à 0,308 $ par action d'actions ordinaires. Le dividende sera versé le 21 novembre 2024 aux actionnaires enregistrés au 7 novembre 2024. Cela marque la sixième augmentation annuelle consécutive du dividende de l'entreprise depuis le lancement de son programme en 2018. Le directeur financier de l'entreprise a souligné leur solide génération de flux de trésorerie libre et leur bilan sain, en insistant sur leur engagement à retourner des liquidités aux actionnaires comme un élément clé de leur stratégie d'allocation de capital.
Armstrong World Industries (NYSE:AWI) hat eine 10%ige Erhöhung seiner vierteljährlichen Bardividende auf 0,308 $ pro Aktie der Stimmaktien angekündigt. Die Dividende wird am 21. November 2024 an die Aktionäre ausgezahlt, die am 7. November 2024 im Aktienregister stehen. Dies markiert die sechste aufeinanderfolgende jährliche Dividendensteigerung des Unternehmens, seit das Programm 2018 initiiert wurde. Der CFO des Unternehmens hob den starken Freigeldfluss und die gesunde Bilanz hervor und betonte das Engagement, den Aktionären Geld als einen Schlüsselbestandteil ihrer Kapitalallokationsstrategie zurückzugeben.
- 10% increase in quarterly dividend to $0.308 per share
- Sixth consecutive annual dividend increase since 2018
- Strong free cash flow generation
- Healthy balance sheet
- None.
“This announcement marks the sixth consecutive annual increase since we initiated our dividend program in 2018. This growth reflects our ability to generate free cash flow as well as the Board of Director’s continued confidence in our long-term growth strategy,” said AWI Senior Vice President and CFO Chris Calzaretta. “With our healthy balance sheet and track record of strong free cash flow growth, we remain committed to returning cash to shareholders as an important pillar of our capital allocation framework.”
The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company's financial position, results of operations and cash flow.
About Armstrong
Armstrong World Industries, Inc. (AWI) is a leader in the design and manufacture of innovative ceiling and wall solutions in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20241023371486/en/
Theresa Womble, tlwomble@armstrongceilings.com or (717) 396-6354
Source: Armstrong World Industries, Inc.
FAQ
What is Armstrong World Industries' new quarterly dividend amount for 2024?
When will AWI pay its next quarterly dividend?
How many consecutive years has AWI increased its dividend?
What is the dividend record date for AWI's latest quarterly dividend?
