By the end of today, March 14, 2024, Armstrong World Indus AWI is set to deliver a dividend payout of $0.28 per share, equating to an annualized dividend yield of 1.08%. The company's dividend payout went ex-dividend on February 28, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Armstrong World Indus Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-28 | 4 | $0.28 | 1.08% | 2024-02-14 | 2024-02-29 | 2024-03-14 |
| 2023-11-01 | 4 | $0.28 | 1.55% | 2023-10-18 | 2023-11-02 | 2023-11-16 |
| 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 |
Armstrong World Indus's dividend yield falls in the middle range when compared to its industry peers, with Johnson Controls Intl JCI having the highest annualized dividend yield at 2.38%.
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
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $0.81 in 2020 to $1.04 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Armstrong World Indus
From 2020 to 2023, Armstrong World Indus has demonstrated an upward trend in earnings, with earnings per share rising from $4.03 to $5.18. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Armstrong World Indus's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.28 per share, resulting in an annualized dividend yield of 1.08%.
Armstrong World Indus's dividend yield falls in the middle range when compared to its industry peers, with Johnson Controls Intl having the highest annualized dividend yield at 2.38%.
Given that Armstrong World Indus has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Armstrong World Indus's previous dividends.
To keep track of which companies are distributing 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.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
