Loading...
Loading...
Armstrong World Industries, Inc.
AWI announced today that it has closed on a new $1.050 billion senior secured credit facility and that its board of directors has declared a special cash dividend of $13.74 per share (approximately $800 million in the aggregate).
Armstrong's new credit facility includes $800 million of new term loans, a portion of which was used to repay $430 million principal amount of existing debt, and the remainder of which will be used to partially fund the special cash dividend.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in