CSW Industrials (CSWI) Raises Quarterly Dividend 13.3% to $0.17; 0.6% Yield

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CSW Industrials Increases Quarterly Dividend by 13% to $0.17 Per Share and Provides an Update on Share Repurchases

April 14, 2022 8:05 AM EDT

DALLAS, April 14, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.17 per share. This represents an increase of $0.02 per share, or approximately 13%, as compared to the declared dividend in the prior quarter. The dividend is payable on May 13, 2022, to shareholders of record as of the close of business on April 29, 2022.

During the fiscal 2022 fourth quarter, CSWI repurchased 121,940 shares for an aggregate purchase price of $14.0 million under its current $100 million share repurchase authorization announced on October 30, 2020. CSWI... More