By the close of today, August 17, 2023, Armstrong World Indus AWI will issue a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 1.38%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 02, 2023.
Armstrong World Indus Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-02 | 4 | $0.25 | 1.38% | 2023-07-19 | 2023-08-03 | 2023-08-17 |
| 2023-05-03 | 4 | $0.25 | 1.43% | 2023-04-19 | 2023-05-04 | 2023-05-18 |
| 2023-03-01 | 4 | $0.25 | 1.25% | 2023-02-14 | 2023-03-02 | 2023-03-16 |
| 2022-11-02 | 4 | $0.25 | 1.23% | 2022-10-19 | 2022-11-03 | 2022-11-17 |
| 2022-08-03 | 4 | $0.23 | 1.11% | 2022-07-20 | 2022-08-04 | 2022-08-18 |
| 2022-05-04 | 4 | $0.23 | 1.0% | 2022-04-20 | 2022-05-05 | 2022-05-19 |
| 2022-03-02 | 4 | $0.23 | 0.95% | 2022-02-16 | 2022-03-03 | 2022-03-17 |
| 2021-11-03 | 4 | $0.23 | 0.94% | 2021-10-20 | 2021-11-04 | 2021-11-18 |
| 2021-08-04 | 4 | $0.21 | 0.8% | 2021-07-21 | 2021-08-05 | 2021-08-19 |
| 2021-05-05 | 4 | $0.21 | 0.85% | 2021-04-20 | 2021-05-06 | 2021-05-20 |
| 2021-03-03 | 4 | $0.21 | 1.02% | 2021-02-17 | 2021-03-04 | 2021-03-18 |
| 2020-11-04 | 4 | $0.21 | 1.25% | 2020-10-21 | 2020-11-05 | 2020-11-19 |
With a dividend yield that places it neither at the top nor the bottom, Armstrong World Indus finds itself in the middle among its industry peers, while Johnson Controls Intl JCI boasts the highest annualized dividend yield at 2.50%.
Analyzing Armstrong World Indus Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.73 to $0.95, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Armstrong World Indus
From 2019 to 2022, Armstrong World Indus has demonstrated an upward trend in earnings, with earnings per share rising from $4.55 to $4.76. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article delves into the recent dividend payout of Armstrong World Indus and its implications for shareholders. Presently, the company is distributing a dividend of $0.25 per share, leading to an annualized dividend yield of 1.38%.
With a dividend yield that places it neither at the top nor the bottom, Armstrong World Indus finds itself in the middle among its industry peers, while Johnson Controls Intl boasts the highest annualized dividend yield at 2.50%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Armstrong World Indus indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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