On January 30, 2023, Woodward (ticker symbol: WWD) announced that it will raise its quarterly dividend by 15.8 percent to 22 cents per share in 2023. Last year the aerospace components maker hiked its dividend by 16.9%. The dividend will be payable on March 7, 2023, for stockholders of record as of February 21, 2023. The new dividend yield for WWD is 0.8% at a stock price of $109 and the next ex-dividend date is February 17, 2023. Last year Woodward hiked its dividend by 16.9%.
|WWD Dividend history & statistics|
|Company name||Woodward Inc|
|Dividend paid since||1940|
|Track record (years increased)||3|
|Payment Frequency||Quarterly dividend|
|Dividend growth: 5 year average||9.1%|
|Next dividend per share||$0.220|
|Annual dividend per share||$0.88|
|YTD Total Return*||1.2%|
|Next ex-dividend date||February 17, 2023|
|Next payment date||March 7, 2023|
|Market cap (in $B)*||6.53|
|Total dividend (in $B)||0.05|
|© www.dividendhike.com||*As of January 30, 2023|
Woodward is a designer, manufacturer, and service provider of control system solutions and components for the aerospace and industrial markets. Its fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Woodward's customers include original equipment manufacturers and end users of their products. The company has production and assembly facilities in the United States, Europe and Asia. Woodward was established in 1870, incorporated in 1902, and is headquartered in Fort Collins, Colorado. The company has paid quarterly dividends every year since it became publicly traded in 1940. In 2020 Woodward merged with Hexcel Corporation.