Howmet Aerospace Increases Quarterly Dividend by 16.7%
Howmet Aerospace (NYSE:HWM) has raised its quarterly dividend to $0.14 per share from the previous level of $0.12, representing a 16.7% increase. The new dividend is payable on August 25 and will be distributed to shareholders of record as of August 7. This adjustment reflects confidence in the company's financial stability and performance. The forward yield based on this increased payout stands at approximately 0.19%. Analysts have previously highlighted Howmet Aerospace as a high-quality business with strong potential, particularly due to its position within key aerospace trends and production momentum observed across suppliers.
Tickers: $HWM