Armstrong World lifts quarterly dividend 10% to $0.373
The board declared the higher payout on Oct. 21, payable Nov. 19 to holders of record as of Nov. 5.
Key takeaways
- Armstrong World Industries Inc. (AWI) said it raised its quarterly cash dividend 10% to $0.373 per share. The dividend is payable Nov. 19 to stockholders of record as of Nov. 5. It is the eighth consecutive annual increase since the dividend program began in 2018.
Armstrong World Industries, Inc. (AWI) said Wednesday its board of directors approved a 10% increase in the company’s quarterly cash dividend to $0.373 per share of common stock.
The dividend is payable Nov. 19, 2026, to stockholders of record as of the close of business on Nov. 5, 2026.
The company said the announcement was made in a press release dated Oct. 21, 2026, which it filed with the Securities and Exchange Commission as an exhibit to an 8-K.
Senior Vice President and CFO Chris Calzaretta said in the release: “This announcement marks the eighth consecutive annual increase since the inception of our dividend program in 2018 and reflects the Board of Directors’ continued confidence in our growth strategy and ability to consistently generate adjusted free cash flow growth.”
“With a healthy balance sheet and a track record of strong adjusted free cash flow generation, we remain committed to returning cash to shareholders as a key pillar of our balanced approach to capital allocation.”
The company said future dividends and other capital allocation decisions remain at the discretion of the board of directors. They will depend on, among other things, the company’s financial position, results of operations and cash flow.
According to the release, the company had $1.6 billion in revenue in 2025 and approximately 4,000 employees. It operates 24 manufacturing facilities, plus seven facilities dedicated to its WAVE joint venture.
The filing does not state the prior quarterly dividend amount, so the size of the increase is given only as the 10% figure the company reported.