Curtiss-Wright Corporation (CW) to Issue Quarterly Dividend of $0.24 on April 13th

Curtiss-Wright Corporation (NYSE:CW) declared a quarterly dividend on Wednesday, February 4th. Shareholders of record on Thursday, March 26th will be given a dividend of 0.24 per share by the aerospace company on Monday, April 13th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th.

Curtiss-Wright has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 8 consecutive years. Curtiss-Wright has a payout ratio of 7.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Curtiss-Wright to earn $13.06 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 7.4%.

Curtiss-Wright Price Performance

NYSE:CW opened at $620.08 on Friday. Curtiss-Wright has a 52 week low of $266.88 and a 52 week high of $683.09. The firm has a market cap of $22.87 billion, a price-to-earnings ratio of 50.54, a P/E/G ratio of 2.85 and a beta of 0.93. The firm’s 50-day simple moving average is $594.52 and its 200 day simple moving average is $548.80. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.17 and a current ratio of 1.75.

Curtiss-Wright (NYSE:CW) last released its earnings results on Thursday, November 6th. The aerospace company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $3.28 by $0.12. The firm had revenue of $869.00 million during the quarter, compared to the consensus estimate of $869.03 million. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.The company’s revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.89 EPS. As a group, sell-side analysts predict that Curtiss-Wright will post 12.32 earnings per share for the current year.

More Curtiss-Wright News

Here are the key news stories impacting Curtiss-Wright this week:

• Positive Sentiment: Zacks notes Wall Street expects earnings growth for Curtiss‑Wright ahead of its next report — that raises the chance of an earnings beat and gives fundamental support to the stock. Zacks Preview
• Neutral Sentiment: Curtiss‑Wright declared a $0.24 quarterly dividend (payable April 13, record March 26) — a routine cash return but small (≈0.2% yield) so unlikely to materially move the stock by itself. BusinessWire Dividend Release
• Negative Sentiment: Major insider selling by top executives is the clearest negative catalyst — CEO Lynn Bamford sold 9,327 shares (~$5.84M), CFO K. Christopher Farkas sold 2,665 shares (~$1.67M), COO Kevin Rayment sold 2,634 shares (~$1.65M), multiple VPs/EVPs also sold smaller lots; several sales were disclosed Feb. 4–5 and trimmed senior ownership by double-digit percentages in some cases. That concentrated, high-dollar selling is likely pressuring sentiment and the stock today. TipRanks Insider Report

Curtiss-Wright Company Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.