Armstrong World (AWI) Declares $0.175 Quarterly Dividend; 1% Yield
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Armstrong World (NYSE: AWI) declared a quarterly dividend of $0.175 per share, or $0.7 annualized.
The dividend will be payable on March 20, 2019, to stockholders of record on March 5, 2019, with an ex-dividend date of March 4, 2019.
The annual yield on the dividend is 1 percent.
“This declaration of our second regular dividend reflects a continuation of our commitment to a balanced approach to capital allocation. Together with $20 million of share repurchases so far this quarter, we will return nearly $30 million to shareholders by quarter end.” said Vic Grizzle, President and CEO. "In addition, we continue to invest in our manufacturing and digital technology capabilities, and expect to close on the acquisition of Architectural Components Group, Inc. (ACGI) later this quarter."
For a dividend history and other dividend-related data on Armstrong World (AWI) click here.
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