Howmet Aerospace Inc. (HWM) to Issue Quarterly Dividend of $0.14 on August 25th

Howmet Aerospace Inc. (NYSE:HWMGet Free Report) declared a quarterly dividend on Monday, July 27th. Investors of record on Friday, August 7th will be given a dividend of 0.14 per share on Tuesday, August 25th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a 16.7% increase from Howmet Aerospace’s previous quarterly dividend of $0.12.

Howmet Aerospace has decreased its dividend by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Howmet Aerospace has a payout ratio of 13.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Howmet Aerospace to earn $5.94 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 9.4%.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $288.96 on Wednesday. The business has a fifty day moving average of $271.09 and a 200 day moving average of $252.84. Howmet Aerospace has a 1 year low of $169.45 and a 1 year high of $295.28. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The firm has a market capitalization of $115.62 billion, a price-to-earnings ratio of 67.04, a price-to-earnings-growth ratio of 2.25 and a beta of 1.20.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the business earned $0.86 EPS. The company’s quarterly revenue was up 19.1% compared to the same quarter last year. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. As a group, research analysts expect that Howmet Aerospace will post 5.05 earnings per share for the current year.

Howmet Aerospace Company Profile

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Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.

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Dividend History for Howmet Aerospace (NYSE:HWM)

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