Howmet Aerospace As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
HWM $0.20 25.0% 100.0% N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
Lightweight Metals 0.4% 2 -3.6% Quarter 2021
Howmet Aerospace reinstates dividend

Howmet Aerospace (HWM), formerly known as Arconic and Alcoa, will start paying a 2 cent dividend again. HWM suspended its quarterly dividend in 2020 because of COVID-19.

The next dividend will be paid on August 25, 2021, to the holders of record of the Common Stock at the close of business on August 6, 2021. The dividend yield is 0.3%.
 

Howmet Aerospace, formerly Arconic Inc., is a manufacturer of aluminum, titanium, and nickel used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Howmet generates most of its sales in the United States and Europe generated and also has operating activities in Brazil, Canada, China, Japan, and Russia, among others. The company's operations consist of three worldwide reportable segments: Engineered Products and Solutions, Global Rolled Products and Transportation and Construction Solutions. Howmet and previously Arconic Inc. are the successors to Arconic Pennsylvania which was formed in 1888 and formerly known as Alcoa Inc. On April 1, 2020, the company completed the separation of Arconic Inc. into two standalone companies – Howmet Aerospace Inc. and Arconic Corp.