CSW Industrials Boosts Quarterly Dividend By 12%

  • CSW Industrials Inc CSWI Board of Directors has increased the quarterly cash dividend by 12% to $0.19 per share.
  • The dividend is payable on May 12, 2023, to shareholders of record as of the close of business on Apr. 28, 2023.
  • "Over the past four years, we have returned $120.5 million in cash to our shareholders, while also growing organically and through acquisitions," said Joseph B. Armes, Chairman, President, and CEO.
  • CSW held $14.7 million in cash and equivalents as of Dec. 31, 2022.
  • The company operates in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions.
  • Price Action: CSWI shares are trading higher by 2.29% at $140.77 on the last check Friday.
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