Woodward Announces Declaration of Dividend

Rhea-AI Summary

Woodward (NASDAQ: WWD) has announced a cash dividend of $0.25 per share for the quarter. The dividend will be payable on September 5, 2024, to shareholders who are on record as of August 22, 2024. This move reflects the company's ongoing commitment to providing shareholder returns.

Positive

• Declaring a cash dividend of $0.25 per share, indicating financial stability and shareholder value.

Negative

• None.

FORT COLLINS, Colo., June 27, 2024 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.25 per share for the quarter, payable on September 5, 2024, to stockholders of record at the close of business on August 22, 2024.

About Woodward, Inc.

Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.

Notice Regarding Forward-Looking Statements

The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements concerning the company’s quarterly cash dividend. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2023, and any subsequently filed Quarterly Report on Form 10-Q.

CONTACT: 

Dan Provaznik
Director Investor Relations
970-498-3849
Dan.Provaznik@Woodward.com

FAQ

What is the dividend amount declared by Woodward for the quarter?

Woodward declared a cash dividend of $0.25 per share for the quarter.

When is Woodward's dividend payout date for this quarter?

The dividend payout date for Woodward is September 5, 2024.

What is the record date for Woodward's recent dividend?

The record date for Woodward's recent dividend is August 22, 2024.

What significance does the recent dividend declaration by Woodward have for its shareholders?

The recent dividend declaration by Woodward indicates financial stability and is an effort to provide returns to its shareholders.