Howmet Aerospace Board Approves Preferred Stock Dividend
Howmet Aerospace (NYSE:HWM) declared a dividend of 93.75 cents per share on its $3.75 Cumulative Preferred Stock. This dividend is scheduled for payment on January 1, 2021, to shareholders of record as of December 11, 2020. With a robust portfolio in aerospace components and over $7 billion in annual revenue reported in 2019, Howmet continues to focus on delivering engineered solutions for the aerospace and transportation sectors.
- Declared a dividend of 93.75 cents per share, indicating strong cash flow.
- Consistent revenue stream with over $7 billion reported in 2019.
- None.
PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of Howmet Aerospace (NYSE:HWM), declared a dividend of 93.75 cents per share on the outstanding
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 titanium structural parts necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. With nearly 1,200 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint. In 2019, the businesses of Howmet Aerospace reported annual revenue of over
Dissemination of Company Information
Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at www.howmet.com.