Armstrong World (AWI) Initiates $0.175 Quarterly Dividend; 1% Yield

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Armstrong World Industries Announces Initiation of Quarterly Dividend

November 6, 2018 4:30 PM EST

LANCASTER, Pa., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE: AWI), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, today announced that its Board of Directors has approved the initiation of a dividend program under which the company will pay a regular quarterly cash dividend of $0.175 per share ($0.70 per share on an annualized basis) to shareholders. The first dividend will be paid on December 14, 2018, to shareholders of record as of the close of business on December 4, 2018.

"The... More