Woodward Announces Declaration of Dividend

Rhea-AI Summary

Woodward, Inc. (NASDAQ:WWD) has declared a quarterly cash dividend of $0.19 per share, set to be paid on November 28, 2022. Stockholders recorded as of November 14, 2022 will be eligible for this dividend. Woodward is recognized as a leader in energy conversion and control solutions, serving the aerospace and industrial equipment sectors, while driving advancements towards a cleaner, decarbonized future.

Positive

• Declared a quarterly cash dividend of $0.19 per share, providing income for shareholders.

Negative

• Potential risks associated with the company's forward-looking statements regarding dividend sustainability.

FORT COLLINS, Colo., Sept. 21, 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 November 28, 2022 for stockholders of record as of November 14, 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 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 amount of the cash dividend declared by Woodward (WWD)?

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

When will the dividend be paid to stockholders of Woodward (WWD)?

The dividend will be paid on November 28, 2022.

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

The record date for the dividend payment is November 14, 2022.

How often does Woodward (WWD) declare dividends?

Woodward typically declares dividends quarterly.

Are there any risks associated with Woodward's dividend sustainability (WWD)?

Yes, the company's forward-looking statements contain risks that might affect dividend sustainability.