Armstrong World Industries Announces Quarterly Dividend

Rhea-AI Summary

Armstrong World Industries, Inc. (NYSE:AWI) announced a cash dividend of $0.254 per share, payable on March 16, 2023, to shareholders of record as of March 2, 2023. The decision to declare and pay future dividends will depend on the company's financial position, operational results, and cash flow, as determined by its Board of Directors. Armstrong, a leader in ceiling and wall solutions, reported $1.1 billion in revenue for 2021 and operates with nearly 3,000 employees across a manufacturing network of 16 facilities.

Positive

• Declared a cash dividend of $0.254 per share.
• Solid revenue reported at $1.1 billion in 2021.
• Strong operational presence with nearly 3,000 employees.

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• None.

LANCASTER, Pa., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, today announced that its Board of Directors has declared a cash dividend of $0.254 per share of common stock. The dividend will be paid on Mar. 16, 2023, to shareholders on record as of the close of business on Mar. 2, 2023.

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 Americas. With $1.1 billion in revenue in 2021, AWI has nearly 3,000 employees and a manufacturing network of 16 facilities, plus seven facilities dedicated to its WAVE joint venture. For more information, visit www.armstrongceilings.com.

Contacts
Investors:		Theresa Womble, tlwomble@armstrongceilings.com or (717) 396-6354
Media:		Jennifer Johnson, jenniferjohnson@armstrongceilings.com or (866) 321-6677

FAQ

What is the upcoming dividend payment date for AWI?

The upcoming dividend payment date for Armstrong World Industries (AWI) is March 16, 2023.

What is the amount of the cash dividend declared by AWI?

Armstrong World Industries (AWI) declared a cash dividend of $0.254 per share.

When is the record date for the dividend payment for AWI?

The record date for the dividend payment for Armstrong World Industries (AWI) is March 2, 2023.

Will dividends be declared in the future by AWI?

Future dividends for Armstrong World Industries (AWI) will be declared at the discretion of the Board of Directors, based on the company's financial position and results.