Armstrong World (AWI) Raises Quarterly Dividend 5% to $0.21; 1.2% Yield

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Go back to Armstrong World (AWI) Raises Quarterly Dividend 5% to $0.21; 1.2% Yield

Armstrong World Industries Declares Increased Cash Dividend for Third Quarter 2020

October 21, 2020 4:15 PM EDT

LANCASTER, Pa., Oct. 21, 2020 (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 an increase in the companys regular quarterly cash dividend to a rate of $0.21 per share of common stock ($0.84 per share on an annualized basis). This represents an increase of 5% over the previous quarterly dividend rate of $0.20 per share.

The companys Board of Directors also declared the cash dividend for the third... More