CSW Industrials Increases Quarterly Dividend by 14% to $0.24 Per Share
CSW Industrials (Nasdaq: CSWI) has announced a 14.3% increase in its quarterly cash dividend to $0.24 per share. This represents a $0.03 per share increase from the previous quarter. The dividend will be payable on November 8, 2024, to shareholders of record as of the close of business on October 25, 2024.
Joseph B. Armes, CSW Industrials Chairman, President, and CEO, stated that the mid-year dividend increase reflects the company's strong balance sheet, cash flows, and profitability. He also highlighted that since October 2015, CSW Industrials has returned over $200 million in cash to shareholders through share repurchases and dividends, while delivering impressive growth and best-in-class margins.
CSW Industrials (Nasdaq: CSWI) ha annunciato un aumento del 14,3% del suo dividendo trimestrale a $0,24 per azione. Questo rappresenta un aumento di $0,03 per azione rispetto al trimestre precedente. Il dividendo sarà pagabile il 8 novembre 2024, agli azionisti registrati alla chiusura degli affari del 25 ottobre 2024.
Joseph B. Armes, Presidente e CEO di CSW Industrials, ha dichiarato che l'aumento del dividendo a metà anno riflette il forte bilancio, i flussi di cassa e la redditività dell'azienda. Ha anche sottolineato che, da ottobre 2015, CSW Industrials ha restituito oltre $200 milioni in contante agli azionisti tramite riacquisti di azioni e dividendi, offrendo al contempo una crescita impressionante e margini da leader del settore.
CSW Industrials (Nasdaq: CSWI) ha anunciado un incremento del 14.3% en su dividendo en efectivo trimestral a $0.24 por acción. Esto representa un incremento de $0.03 por acción con respecto al trimestre anterior. El dividendo se pagará el 8 de noviembre de 2024, a los accionistas registrados al cierre de operaciones del 25 de octubre de 2024.
Joseph B. Armes, Presidente y CEO de CSW Industrials, declaró que el aumento del dividendo a mitad de año refleja el fuerte balance general, flujos de efectivo y rentabilidad de la compañía. También destacó que desde octubre de 2015, CSW Industrials ha devuelto más de $200 millones en efectivo a los accionistas a través de recompras de acciones y dividendos, al tiempo que ha logrado un crecimiento impresionante y márgenes de primer nivel.
CSW 산업(나스닥: CSWI)은 분기 현금 배당금을 14.3% 인상하여 주당 $0.24로 발표했습니다. 이는 이전 분기보다 주당 $0.03 증가한 것입니다. 배당금은 2024년 11월 8일에 지급될 예정이며, 2024년 10월 25일 영업 종료 시점에 주주로 등록된 사람들에게 지급됩니다.
Joseph B. Armes, CSW 산업의 회장 겸 CEO는 연도 중반의 배당금 인상이 회의 강력한 재무상태와 현금 흐름, 수익성을 반영한다고 밝혔습니다. 그는 또한 2015년 10월 이후로 CSW 산업이 주식 재매입과 배당금을 통해 주주에게 $200 백만 이상의 현금을 돌려주었으며, 그 과정에서 인상적인 성장과 최고의 마진을 제공했다고 강조했습니다.
CSW Industrials (Nasdaq: CSWI) a annoncé une augmentation de 14,3% de son dividende en espèces trimestriel à 0,24 $ par action. Cela représente une augmentation de 0,03 $ par action par rapport au trimestre précédent. Le dividende sera payable le 8 novembre 2024, aux actionnaires inscrits à la clôture des affaires le 25 octobre 2024.
Joseph B. Armes, président et PDG de CSW Industrials, a déclaré que l'augmentation du dividende à mi-parcours reflète la solidité financière, les flux de trésorerie et la rentabilité de l'entreprise. Il a également souligné que depuis octobre 2015, CSW Industrials a restitué plus de 200 millions de dollars en espèces aux actionnaires par le biais de rachats d'actions et de dividendes, tout en réalisant une croissance impressionnante et des marges de premier plan.
CSW Industrials (Nasdaq: CSWI) hat eine Erhöhung von 14,3% bei seiner vierteljährlichen Bar-Dividende auf $0,24 pro Aktie bekannt gegeben. Dies entspricht einem Anstieg von $0,03 pro Aktie im Vergleich zum vorherigen Quartal. Die Dividende wird am 8. November 2024 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 25. Oktober 2024 registriert sind.
Joseph B. Armes, Vorsitzender, Präsident und CEO von CSW Industrials, erklärte, dass die Dividendenerhöhung zur Jahresmitte die starke Bilanz, den Cashflow und die Rentabilität des Unternehmens widerspiegelt. Er hob auch hervor, dass CSW Industrials seit Oktober 2015 über $200 Millionen in bar an die Aktionäre durch Aktienrückkäufe und Dividenden zurückgegeben hat, während es beeindruckendes Wachstum und branchenführende Margen erzielt hat.
- Quarterly dividend increased by 14.3% to $0.24 per share
- Strong balance sheet, cash flows, and profitability reported
- Over $200 million returned to shareholders since October 2015
- Impressive growth and best-in-class margins mentioned by CEO
- None.
DALLAS, Oct. 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of
“We are pleased to announce another increase in our quarterly dividend. The mid-year dividend increase reflects our strong balance sheet, cash flows and profitability. Since October of 2015, we have returned over
| Details | ||
| Dividend Amount: | ||
| Record Date: | October 25, 2024 | |
| Payable Date: | November 8, 2024 | |
About CSW Industrials
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building 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, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.
Investor Relations
Alexa Huerta
Vice President of Investor Relations and Treasurer
214-489-7113
Alexa.Huerta@cswi.com
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