Howmet Aerospace Board Approves Common and Preferred Stock Dividends

Rhea-AI Summary

Howmet Aerospace (NYSE: HWM) has announced two dividend distributions approved by its Board of Directors. The company will pay a dividend of $0.10 per share on its Common Stock, payable on February 25, 2025, to shareholders of record as of February 7, 2025. Additionally, holders of the company's $3.75 Cumulative Preferred Stock (Class A Stock) will receive a dividend of $0.9375 per share, payable on April 1, 2025, to shareholders of record as of March 14, 2025.

Positive

• Maintained quarterly dividend payments, showing financial stability
• Continued commitment to shareholder returns through both common and preferred stock dividends

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace Inc. (NYSE: HWM) declared (a) a dividend of 10 cents per share on the outstanding Common Stock of the Company, to be paid on February 25, 2025 to the holders of record of the Common Stock at the close of business on February 7, 2025; and (b) a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on April 1, 2025 to the holders of record of the Class A Stock at the close of business on March 14, 2025.

About Howmet Aerospace

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company’s primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged aluminum wheels for commercial transportation. With approximately 1,170 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint. For more information, visit www.howmet.com.

Dissemination of Company Information

Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at www.howmet.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250127837615/en/

Investor Contact

Paul T. Luther

(412) 553-1950

Paul.Luther@howmet.com

Media Contact

Rob Morrison

(412) 553-2666

Rob.Morrison@howmet.com

Source: Howmet Aerospace Inc.

FAQ

What is the amount of Howmet Aerospace's (HWM) common stock dividend for February 2025?

Howmet Aerospace's common stock dividend is $0.10 per share, payable on February 25, 2025.

When is the record date for Howmet Aerospace's (HWM) common stock dividend?

The record date for Howmet Aerospace's common stock dividend is February 7, 2025.

What is the preferred stock dividend amount for Howmet Aerospace (HWM) in April 2025?

Howmet Aerospace's preferred stock (Class A) dividend is $0.9375 per share, payable on April 1, 2025.

What is the record date for Howmet Aerospace's (HWM) preferred stock dividend?

The record date for Howmet Aerospace's preferred stock dividend is March 14, 2025.