Woodward (WWD) Raises Quarterly Dividend 13.6% to $0.25; Approves $600M Buyback

Woodward (NASDAQ: WWD) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 13.6% increase from the prior dividend of $0.22.

The dividend will be payable on March 5, 2024, to stockholders of record on February 20, 2024, with an ex-dividend date of February 16, 2024.

The annual yield on the dividend is 0.7 percent.

• Woodward also announced that its Board of Directors authorized a three-year stock repurchase program, under which up to $600 million in Woodward stock may be repurchased in the open market and private transactions. This new program replaces the previously authorized two-year $800 million repurchase program, which was initially authorized in January 2022, and under which the company repurchased approximately $572 million in stock.

For a dividend history and other dividend-related data on Woodward (WWD) click here.

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