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CSW Industrials Declares Quarterly Dividend of $0.17 Per Share

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CSW Industrials, Inc. (CSWI) announced a quarterly cash dividend of $0.17 per share, payable on February 10, 2023, to shareholders on record by the close of business on January 27, 2023. This announcement reflects the company's commitment to returning value to its shareholders. CSWI operates in three diversified segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions, catering to several end markets, including HVAC/R and plumbing. The company believes in sustainable growth through performance and reliability.

Positive
  • Quarterly cash dividend of $0.17 per share enhances shareholder value.
  • Dividend payment reflects company confidence in current financial health.
Negative
  • None.

DALLAS, Jan. 13, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.17 per share. The dividend is payable on February 10, 2023, to shareholders of record as of the close of business on January 27, 2023.

Details
Dividend Amount:$0.17
Record Date:January 27, 2023
Payable Date:February 10, 2023


About CSW Industrials

CSW Industrials is a diversified industrial growth 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
James E. Perry
Executive Vice President & Chief Financial Officer
214-834-3777
james.perry@cswi.com


FAQ

What is the dividend amount declared by CSWI for Q1 2023?

CSWI declared a quarterly cash dividend of $0.17 per share.

When is the dividend payable to shareholders?

The dividend is payable on February 10, 2023.

What is the record date for the CSWI dividend?

The record date for the dividend is January 27, 2023.

How often does CSWI declare dividends?

CSWI typically declares dividends quarterly.

Is the CSWI dividend sustainable?

The dividend is seen as a reflection of the company's confidence in its financial health, suggesting sustainability.

CSW Industrials, Inc

NASDAQ:CSWI

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2.12%
Specialty Industrial Machinery
Adhesives & Sealants
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United States of America
DALLAS