LANCASTER, PA — Armstrong World Industries, Inc. (NYSE: AWI) has declared a cash dividend of $0.28 per share for its common stock, set for distribution on August 22, 2024. Stockholders must be on record by the end of business on August 8, 2024, to receive this payment.
The company emphasized that future dividends and capital allocations will depend on its financial health, operational outcomes, and cash flow. The Board of Directors will review and decide on these matters.
Armstrong World Industries, a major player in ceiling and wall system solutions across the Americas, generated $1.3 billion in revenue in 2023. The company employs around 3,500 people and operates 19 manufacturing facilities, along with seven additional facilities dedicated to its WAVE joint venture.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.