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CSW Industrials Declares Quarterly Dividend

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CSW Industrials (CSWI) announced a quarterly cash dividend of $0.15 per share. The dividend will be payable on November 12, 2021, to shareholders on record as of the close of business on October 29, 2021. The company operates in diversified industrial sectors, serving markets such as HVAC/R, plumbing, and electrical. CSWI emphasizes performance and reliability with its product offerings. This dividend declaration reflects the company’s commitment to returning value to shareholders.

Positive
  • Quarterly cash dividend of $0.15 per share reflects strong shareholder return strategy.
  • The company operates in diverse, growth-oriented industrial sectors, enhancing revenue potential.
Negative
  • None.

DALLAS, Oct. 12, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 12, 2021, to shareholders of record as of the close of business on October 29, 2021.

Details
Dividend Amount:$0.15
Record Date:October 29, 2021
Payable Date:November 12, 2021

About CSW Industrials
CSW Industrials is a growth-oriented, diversified industrial company with industry-leading operations in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail. For more information, please visit www.cswindustrials.com.

Safe Harbor Statement
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

Investor Relations
Adrianne D. Griffin
Vice President, Investor Relations, & Treasurer
214-489-7113
adrianne.griffin@cswi.com


FAQ

When is the dividend for CSW Industrials (CSWI) payable?

The dividend is payable on November 12, 2021.

What is the record date for the CSW Industrials dividend?

The record date for the dividend is October 29, 2021.

How much is the CSW Industrials dividend?

The dividend amount is $0.15 per share.

What market sectors does CSW Industrials operate in?

CSW Industrials operates in HVAC/R, plumbing, electrical, and general industrial sectors.

Is the CSW Industrials dividend sustainable?

The sustainability of the dividend will depend on the company's ongoing financial performance and market conditions.

CSW Industrials, Inc

NASDAQ:CSWI

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6.06B
16.10M
4.27%
92.77%
2.38%
Specialty Industrial Machinery
Adhesives & Sealants
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United States of America
DALLAS