Woodward Announces Declaration of Dividend

Rhea-AI Summary

Woodward today announced a quarterly cash dividend of $0.1625 per share, set for payment on November 29, 2021. Shareholders of record by November 15, 2021 will be eligible to receive this dividend. Woodward is recognized for its innovative control systems for the aerospace and industrial sectors, emphasizing cleaner and more efficient equipment. The company, headquartered in Fort Collins, Colorado, aims to maintain strong customer relationships while navigating market challenges.

Positive

• Declared a quarterly cash dividend of $0.1625 per share.
• Payment date of November 29, 2021, strengthens shareholder returns.

Negative

• Possible risks related to forward-looking statements about dividends.
• Uncertainties mentioned in the context of performance projections.

FORT COLLINS, Colo., Sept. 22, 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 November 29, 2021 for stockholders of record as of November 15, 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 amount declared by Woodward for November 2021?

Woodward declared a cash dividend of $0.1625 per share for the quarter.

When is the dividend payment date for Woodward's declared dividend?

The dividend will be paid on November 29, 2021.

What is the record date for the dividend payment for Woodward?

The record date for the dividend payment is November 15, 2021.

What factors could affect Woodward's dividend payments?

Factors include market risks and uncertainties outlined in their annual and quarterly reports.