Armstrong World Industries, Inc. has announced a quarterly dividend of $0.308 per share of common stock, to be paid on March 20, 2025, to stockholders of record as of the close of business on March 6, 2025. This represents a continuation of the company's commitment to returning value to its shareholders.
In 2023, Armstrong World Industries reported revenue of $1.3 billion and had approximately 3,600 employees. The company operates a manufacturing network of 21 facilities, along with seven facilities dedicated to its WAVE joint venture.
The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon the company's financial position, results of operations, and cash flow. Following these announcements, the company's shares moved -1.3%, and are now trading at a price of $152.25. For more information, read the company's full 8-K submission here.