Howmet Aerospace Board Approves Preferred Stock Dividend

Rhea-AI Summary

The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 93.75 cents per share on its $3.75 Cumulative Preferred Stock. This dividend is set to be paid on April 1, 2022, to shareholders who hold the stock as of March 11, 2022. Howmet Aerospace specializes in advanced engineered solutions for the aerospace and transportation industries, emphasizing sustainable and efficient technologies.

Positive

• Dividend of 93.75 cents per share provides income for shareholders.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- 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 April 1, 2022 to the holders of record of the Class A Stock at the close of business on March 11, 2022.

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 wheels for commercial transportation. With nearly 1,150 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. 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/20220217005031/en/

Investor Contact

Paul T. Luther

(412) 553-1950

Paul.Luther@howmet.com

Media Contact

Paul Erwin

(412) 553-2666

Paul.Erwin@howmet.com

Source: Howmet Aerospace Inc.

FAQ

What is the dividend amount declared by Howmet Aerospace (HWM)?

Howmet Aerospace declared a dividend of 93.75 cents per share.

When will Howmet Aerospace (HWM) pay the dividend?

The dividend will be paid on April 1, 2022.

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

The record date for the dividend is March 11, 2022.