Dividend Track Records

Armstrong World Industries hikes dividend by 10.1% to 33.9 cents quarterly.

On October 20, 2022, Armstrong World Industries, Inc. (AWI) declared a new quarterly dividend of 25.4 cents per share, up 10% from the previous dividend. This comes after a 10 percent hike in 2021 and marks 4 straight years of increased dividends by AWI. The dividend will be paid on Nov. 17, 2022, to shareholders on record as of the close of business on Nov. 3, 2022. “This marks the fourth consecutive year we have announced an increase in our dividend and reflects the Board of Directors' continued confidence in our growth strategy and our ability to consistently generate steady cash flow and earnings,” said Vic Grizzle, President and CEO of Armstrong World Industries. “Our healthy balance sheet supports a balanced pursuit of all of our capital allocation priorities and returning cash directly to shareholders remains a core priority.” Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manufacture of commercial and residential ceiling, wall and su...

Armstrong World Industries, Inc. (AWI) will hike its dividend by 10 percent hike in 2021 marking 3 straight years of increased dividends by AWI. In 2020 AWI hiked its dividend by 5%. Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions.  The company manufactures and sells its ceiling systems (primarily mineral fiber, fiberglass wool and metal) throughout the Americas. Its operating segments are: Mineral Fiber, Architectural Specialties and Unallocated Corporate. Armstrong World Industries, Inc. is a Pennsylvania corporation incorporated in 1891. The company has paid a regular quarterly dividend every year since 2018.

Armstrong World Industries, Inc. (AWI) will increase its quarterly dividend by 5 percent to 21 cents per share in 2020. This comes after a 14.3 percent hike to 20 cents per share. Last year the ceiling solutions company started paying a quarterly dividend of $0.175 per share two years ago. The increased dividend is payable on November 19, 2020, to shareholders of record as of the close of business on November 5, 2020. A new annual rate of 84 cents per share yields 1.3% at a stock price of $66.50. “Despite market challenges, our strong cash flow performance continues, and we are on track to deliver over $200 million in adjusted free cash flow in 2020,” said Vic Grizzle, President and CEO of Armstrong. "With our strong balance sheet and cash flow performance, we remain committed to a capital allocation strategy that enables both investing for growth and returning cash to shareholders." Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manuf...

Armstrong World Industries, Inc. (AWI) will increase its quarterly dividend by 14.3 percent to 20 cents per share. Last year the ceiling solutions company started paying a quarterly dividend of $0.175 per share. The increased dividend is payable on November 21, 2019, to shareholders of record as of the close of business on November 7, 2019. A new annual rate of 80 cents per share yields 0.8% at a stock price of $102.48. "The decision to increase our regular quarterly dividend reflects continued confidence in our operating performance, free cash flow generation and long-term financial outlook," said Vic Grizzle, President and CEO of Armstrong. "With our strong balance sheet and cash flow performance, we remain committed to a balanced capital allocation strategy to invest for growth and return cash to shareholders." Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manufacture of commercial and residential ceiling, wall and ...