Woodward Announces Declaration of Dividend

Rhea-AI Summary

Woodward, Inc. (NASDAQ:WWD) declared a cash dividend of $0.1625 per share for Q3, payable on August 30, 2021, to stockholders of record as of August 16, 2021. The company focuses on control system solutions and components for aerospace and industrial markets, offering innovative technologies that enhance equipment efficiency and reliability. Woodward, headquartered in Fort Collins, Colorado, aims to support its customers' needs in cleaner and more reliable operations.

Positive

• Declared a quarterly cash dividend of $0.1625 per share.
• The company continues to provide solutions for cleaner and more efficient equipment.

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• None.

FORT COLLINS, Colo., July 29, 2021 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.1625 per share for the quarter, payable on August 30, 2021, for stockholders of record as of August 16, 2021.

About Woodward, Inc.

Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end users of their products. 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 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, 2020 and any subsequently filed Quarterly Report on Form 10-Q.

CONTACT:

Don Guzzardo Vice President, Investor Relations and Treasurer 970-498-3580 Don.Guzzardo@woodward.com

FAQ

What is the dividend payment amount for WWD?

The cash dividend payment amount is $0.1625 per share.

When will the dividend for Woodward be paid?

The dividend will be paid on August 30, 2021.

What is the record date for the WWD dividend?

The record date for the dividend is August 16, 2021.

How does Woodward ensure efficient equipment operation?

Woodward offers innovative fluid, combustion, electrical, and motion control systems.

What markets does Woodward service?

Woodward provides solutions for aerospace and industrial markets.