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Armstrong World Industries Announces Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Armstrong World Industries, Inc. (AWI) declares a cash dividend of $0.28 per share of common stock, payable on March 14, 2024. The Board of Directors will assess future dividends based on financial performance.
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LANCASTER, Pa.--(BUSINESS WIRE)--
Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, announced today that its Board of Directors has declared a cash dividend of $0.28 per share of common stock. The dividend will be paid on March 14, 2024, to stockholders of record as of the close of business on Feb. 29, 2024.
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 $1.2 billion in revenue in 2022, AWI has approximately 3,100 employees and a manufacturing network of 16 facilities, plus seven facilities dedicated to its WAVE joint venture. For more information, visit www.armstrongceilings.com.
What is the dividend amount declared by Armstrong World Industries, Inc. (AWI)?
Armstrong World Industries, Inc. (AWI) has declared a cash dividend of $0.28 per share of common stock.
When will the dividend be paid by Armstrong World Industries, Inc. (AWI)?
The dividend declared by Armstrong World Industries, Inc. (AWI) will be paid on March 14, 2024.
How will the dividend payment of Armstrong World Industries, Inc. (AWI) be calculated?
Armstrong World Industries, Inc. (AWI) will pay a cash dividend of $0.28 per share of common stock to stockholders of record as of Feb. 29, 2024.
What factors will determine future dividends by Armstrong World Industries, Inc. (AWI)?
Future dividends and capital allocations by Armstrong World Industries, Inc. (AWI) will be at the discretion of the Board of Directors and dependent on financial position, results of operations, and cash flow.
