Woodward Announces Declaration of Dividend

Rhea-AI Summary

Woodward, Inc. (NASDAQ:WWD) declared a cash dividend of $0.19 per share for the quarter, payable on May 31, 2022, to stockholders of record as of May 17, 2022. This announcement reflects the company's commitment to providing returns to shareholders. Woodward specializes in energy conversion and control solutions for aerospace and industrial markets, aiming to facilitate a cleaner, decarbonized world. The company is headquartered in Fort Collins, Colorado.

Positive

• Cash dividend of $0.19 per share enhances shareholder returns.

Negative

• Risks and uncertainties associated with forward-looking statements may impact actual results.

FORT COLLINS, Colo., April 28, 2022 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.19 per share for the quarter, payable on May 31, 2022, for stockholders of record as of May 17, 2022.

About Woodward, Inc.

Woodward is the global leader in the design, manufacturing, 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, 2021, 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 (WWD)?

Woodward has declared a cash dividend of $0.19 per share.

When is the dividend payable for WWD?

The dividend is payable on May 31, 2022.

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

The record date for the dividend payment is May 17, 2022.

What are the risks associated with Woodward's forward-looking statements?

Factors described in Woodward's Annual Report could affect actual performance and results.