Howmet Aerospace Board Approves Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Howmet Aerospace (NYSE:HWM) has declared a dividend of 2 cents per share, to be paid on February 25, 2022. Shareholders on record as of February 4, 2022 will receive this dividend. Howmet Aerospace is recognized for its advanced engineered solutions in the aerospace and transportation industries, focusing on jet engine components and titanium structural parts, supported by nearly 1,150 patents. This dividend indicates the company's commitment to returning value to its shareholders.

Positive

• Dividend of 2 cents per share confirms commitment to shareholders.
• Strong patent portfolio with nearly 1,150 patents supports innovative capabilities.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of Howmet Aerospace (NYSE:HWM) declared a dividend of 2 cents per share on the outstanding Common Stock of the Company, to be paid on February 25, 2022, to the holders of record of the Common Stock at the close of business on February 4, 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 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/20220113005567/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 2 cents per share.

When will Howmet Aerospace (HWM) pay its declared dividend?

The dividend will be paid on February 25, 2022.

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

The record date for the dividend payment is February 4, 2022.

How does Howmet Aerospace (HWM) contribute to aerospace advancements?

Howmet Aerospace focuses on jet engine components and has a strong patent portfolio to enable innovative aerospace solutions.