CSW Industrials (CSWI) Initiates $0.135 Quarterly Dividend; 0.9% Yield

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CSW Industrials Announces Deployment of over $65 million in Cash Supporting Capital Allocation Strategy since end of fiscal 2018

April 4, 2019 8:02 AM EDT

DALLAS, April 04, 2019 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI), a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals, today reported the strategic deployment of over $65 million in capital supporting the Companys previously disclosed capital allocation strategy.

Acquisitions
CSW Industrials announces the acquisition of two Companies: MSD Research, including its leading All-Access line of A/C condensate switches and line cleanouts; and Petersen Metals, a designer, manufacturer and installer of engineered railings... More

CSW Industrials Initiates Quarterly Dividend Program

April 4, 2019 8:01 AM EDT

DALLAS, April 04, 2019 (GLOBE NEWSWIRE) -- CSW Industrials (NASDAQ: CSWI), a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals, today announced that its Board of Directors has commenced a dividend program and approved a regular quarterly dividend of $0.135 per share on the companys outstanding shares of common stock.

The dividend is payable on June 12, 2019 to shareholders of record as of the close of business on May 8, 2019. The indicated annual rate of $0.54 per share demonstrates the Companys commitment to... More