Howmet Aerospace Inc. (HWM) to Distribute Quarterly Dividend of $0.14 on August 25th

Howmet Aerospace Inc. (NYSE:HWM) declared a quarterly dividend on Monday, July 27th. Shareholders of record on Friday, August 7th will be paid a dividend of 0.14 per share on Tuesday, August 25th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 7th. This is a 16.7% increase from Howmet Aerospace’s previous quarterly dividend of $0.12.

Howmet Aerospace has decreased its dividend by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. Howmet Aerospace has a payout ratio of 11.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Howmet Aerospace to earn $5.94 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 8.1%.

Howmet Aerospace Trading Down 0.4%

Howmet Aerospace stock opened at $286.84 on Wednesday. The business has a 50-day simple moving average of $268.81 and a two-hundred day simple moving average of $250.57. The company has a market cap of $114.77 billion, a P/E ratio of 66.55, a P/E/G ratio of 2.26 and a beta of 1.19. Howmet Aerospace has a 52-week low of $169.45 and a 52-week high of $295.28. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm earned $0.86 EPS. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. Analysts predict that Howmet Aerospace will post 5.05 EPS for the current year.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.