Howmet Aerospace Board Approves Quarterly Dividends

Rhea-AI Summary

The Board of Directors of Howmet Aerospace (NYSE:HWM) declared a dividend of 2 cents per share on Common Stock, payable on November 25, 2021. Shareholders on record as of November 5, 2021 will receive this payment. Additionally, a dividend of 93.75 cents per share on Cumulative Preferred Stock will be paid on January 1, 2022, to holders on record by December 10, 2021.

Positive

• Declaration of a dividend of 2 cents per share on Common Stock.
• Payment of 93.75 cents per share on Cumulative Preferred Stock.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace (NYSE:HWM) declared (a) a dividend of 2 cents per share on the outstanding Common Stock of the Company, to be paid on November 25, 2021, to the holders of record of the Common Stock at the close of business on November 5, 2021; 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 January 1, 2022 to the holders of record of the Class A Stock at the close of business on December 10, 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/20211015005623/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 for Common Stock?

Howmet Aerospace declared a dividend of 2 cents per share on its Common Stock.

When will Howmet Aerospace pay the Common Stock dividend?

The Common Stock dividend will be paid on November 25, 2021.

What is the dividend amount for Howmet Aerospace's Cumulative Preferred Stock?

The dividend for Howmet Aerospace's Cumulative Preferred Stock is 93.75 cents per share.

When will the Cumulative Preferred Stock dividend be paid?

The Cumulative Preferred Stock dividend will be paid on January 1, 2022.