Howmet Aerospace Board Approves Preferred Stock Dividend

Rhea-AI Summary

The Board of Directors of Howmet Aerospace (HWM) declared a dividend of 93.75 cents per share on the $3.75 Cumulative Preferred Stock. The payment is scheduled for July 1, 2021, to stockholders of record by the close of business on June 11, 2021. Howmet Aerospace is a global leader in providing advanced engineered solutions for the aerospace and transportation sectors, with a focus on innovative technologies for lighter, fuel-efficient aircraft, supporting sustainability efforts.

Positive

• Dividend of 93.75 cents per share declared.
• Scheduled payment on July 1, 2021, reflects company confidence.

Negative

• None.

The Board of Directors of Howmet Aerospace (NYSE:HWM) today declared 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 July 1, 2021 to the holders of record of the Class A Stock at the close of business on June 11, 2021.

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 1,150 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint. For more information, visit www.howmet.com. Follow: LinkedIn, Twitter, Instagram, Facebook, and YouTube.

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/20210525005999/en/

FAQ

What is the dividend amount for Howmet Aerospace (HWM) in 2021?

The dividend amount is 93.75 cents per share.

When will the dividend for Howmet Aerospace (HWM) be paid?

The dividend will be paid on July 1, 2021.

What is the record date for the Howmet Aerospace (HWM) dividend?

The record date is June 11, 2021.

How often does Howmet Aerospace (HWM) declare dividends?

The frequency of dividends may vary; future announcements will be made on the company's website.