Armstrong World Cheers Investors With 10% Dividend Hike

Armstrong World Industries, Inc. (AWI) announced a hike of 10% in its quarterly cash dividend.This leading global producer of ceiling systems raised the quarterly dividend payout to 30.8 cents per share from 28 cents. The amount will be paid out on Nov. 21, 2024, to shareholders of record as of Nov. 7. Based on the closing price of $138.18 per share on Oct. 23, 2024, the stock has a dividend yield of 0.89%.AWI has been boosting shareholder value through regular dividend payments since December 2018. This ma ...