Armstrong World Industries's latest quarterly cash dividend of $0.254 per share was issued to shareholders on record before Aug 2, 2023. The dividend distribution stands at $1.02 per share annually, which comes to a dividend yield of 1.41%.
Armstrong World Industries's dividend yield of 1.41% is above the industry average but below the Industrials sector average. Compared to its Industrials sector average of 1.52%, Armstrong World Industries's dividend yield is 7% lower. Historically AWI's dividend yield has averaged at 1.0% in the last 5 years, which is below the current yield.
Armstrong World Industries has been paying dividends consistently since 2018. Our records show that AWI has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. And with the price of the stock down by 9% from a year ago, the dividend yield has an increase of 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 2, 2023 | Aug 17, 2023 | Jul 19, 2023 | $0.254 | normal |
| May 3, 2023 | May 18, 2023 | Apr 19, 2023 | $0.254 | normal |
| Mar 1, 2023 | Mar 16, 2023 | Feb 14, 2023 | $0.254 | normal |
| Nov 2, 2022 | Nov 17, 2022 | Oct 19, 2022 | $0.254 | normal |
| Aug 3, 2022 | Aug 18, 2022 | Jul 20, 2022 | $0.231 | normal |
| May 4, 2022 | May 19, 2022 | Apr 20, 2022 | $0.231 | normal |
| Mar 2, 2022 | Mar 17, 2022 | Feb 16, 2022 | $0.231 | normal |
| Nov 3, 2021 | Nov 18, 2021 | Oct 20, 2021 | $0.231 | normal |
| Aug 4, 2021 | Aug 19, 2021 | Jul 21, 2021 | $0.21 | normal |
| May 5, 2021 | May 20, 2021 | Apr 20, 2021 | $0.21 | normal |
| Mar 3, 2021 | Mar 18, 2021 | Feb 17, 2021 | $0.21 | normal |
| Nov 4, 2020 | Nov 19, 2020 | Oct 21, 2020 | $0.21 | normal |
| Aug 5, 2020 | Aug 20, 2020 | Jul 22, 2020 | $0.2 | normal |
| May 6, 2020 | May 21, 2020 | Apr 22, 2020 | $0.2 | normal |
| Mar 4, 2020 | Mar 20, 2020 | Feb 19, 2020 | $0.2 | normal |
| Nov 6, 2019 | Nov 21, 2019 | Oct 23, 2019 | $0.2 | normal |
| Aug 7, 2019 | Aug 22, 2019 | Jul 24, 2019 | $0.175 | normal |
| May 8, 2019 | May 23, 2019 | Apr 24, 2019 | $0.175 | normal |
| Mar 4, 2019 | Mar 20, 2019 | Feb 20, 2019 | $0.175 | normal |
| Dec 3, 2018 | Dec 14, 2018 | Nov 6, 2018 | $0.175 | normal |
Armstrong World Industries's payout ratio of 21.6% is above the industry average but below the Industrials sector average. If we compare it with its Industrials sector average of 29.2%, Armstrong World Industries's payout ratio is 26% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PATK Patrick Industries Inc | 2.4% | $1.8 | 22.7% |
| MAS Masco Corp | 2.15% | $1.14 | 31.9% |
| AWI Armstrong World Industries Inc | 1.42% | $1.02 | 21.6% |
Yes, Armstrong World Industries has paid four dividends in the last twelve months. AWI has been paying dividends since 2018.
AWI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2023.
Armstrong World Industries's last regular dividend was on Aug 2, 2023 (ex-date) with the amount of $0.254 per share.
On an annual basis AWI pays $1.02 per share.
Currently Armstrong World Industries's dividend yield is 1.41%.
Armstrong World Industries pays dividends quarterly.
The dividend payout ratio of Armstrong World Industries is 21.6%.
Armstrong World Industries's dividend yield is below the Industrials sector average.