CSW Industrials Announces Significant Dividend Increase
CSW Industrials Declares Dividend Increase
CSW Industrials, Inc. has made a noteworthy announcement regarding its quarterly cash dividend. The company's Board of Directors declared a regular dividend of $0.24 per share, marking a significant increase of approximately 14.3% from the previous quarter. This decision underlines the company's strong position and commitment to returning value to its shareholders.
Details of the Dividend Declaration
In recent communications, CSW Industrials confirmed that the dividend increase from the prior quarter showcases their robust financial health. The company has plans for the $0.24 per share dividend to be distributed on a future date, with shareholders of record set for this distribution on the specified cutoff date.
Leadership Views on Dividend Growth
Joseph B. Armes, the Chairman, President, and CEO of CSW Industrials, expressed his satisfaction with this dividend increase. He noted that the rise in dividends speaks to their strong balance sheet and solid cash flows, which support continued profitability. Furthermore, since 2015, the company has returned over $200 million to shareholders through dividends and share repurchases, reflecting its impressive growth trajectory.
Understanding CSW Industrials
CSW Industrials stands out as a diversified industrial growth company dedicated to delivering quality products across various sectors. With operations spread over Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions, CSWI ensures that its offerings are valuable and reliable for end markets including HVAC/R, plumbing, energy, mining, and rail transportation.
Commitment to Shareholder Value
This recent increase in dividends is not just a financial move but a strong signal of CSW Industrials' unwavering commitment to its investors. By returning substantial amounts of cash to shareholders while also pursuing innovative growth strategies, the company strives to maintain a competitive edge.
Contact Information for Investor Relations
For more inquiries, Alexa Huerta serves as the Vice President of Investor Relations and Treasurer. Interested parties can reach her at 214-489-7113 or via email at Alexa.Huerta@cswi.com.
Frequently Asked Questions
What is CSW Industrials' new dividend amount?
The new quarterly dividend amount declared by CSW Industrials is $0.24 per share.
How much has the dividend increased compared to the previous amount?
The dividend has increased by $0.03, which is approximately 14.3% more than the previous quarterly dividend.
When will the dividend be payable?
The dividend is scheduled to be payable on a future date, specifically after the record date.
Who is the CEO of CSW Industrials?
Joseph B. Armes is the Chairman, President, and CEO of CSW Industrials.
What markets does CSW Industrials serve?
CSW Industrials serves markets including HVAC/R, plumbing, energy, mining, and rail transportation.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Simmons First National Achieves Significant Stock Milestone
- ASSA ABLOY Announces Nomination Committee for 2025 Meeting
- Liberty All Star Equity Fund Achieves Significant Milestone
- Flashpoint Announces Sponsorship of OSINT Conference at Citadel
- Fairdesk Cryptocurrency Exchange Announces Final Closure
- Emera Inc. Announces Significant Quarterly Dividend Payouts
- Significant Upgrades in GIC Re's Credit Ratings by AM Best
- Kandi Technologies Announces Leadership Changes and Expansion Plans
- Record Inflows into China ETFs Amidst Japan's Significant Outflows
- Concerns Rise as Blood Cancer Cases Linked to Bluebird Bio's Therapy Increase
Recent Articles
- Fastenal Surpasses Q3 Expectations with Strong Performance Metrics
- Exploring High Dividend Yields in Utility Stocks for Stability
- ConocoPhillips Rethinks Strategy with $9 Billion Cash Plan
- Amazon and Other Major Stocks Receive Positive Analyst Ratings
- Exploring the Growth of the Molecular Oncology Market
- Market Watch: Major Stocks Drop in Pre-Market Trading
- America's Car-Mart Achieves Significant $300 Million Securitization
- Perspective Therapeutics Enhances [212Pb]VMT01 for Melanoma Treatment
- Two Key Stocks in the Industrials Sector to Watch Closely
- Strategies to Reap Monthly Income From Bank of America Stock
- CSW Industrials Hikes Quarterly Dividend by 14% to $0.24
- Teradyne Inc. Prepares to Share Q3 2024 Financial Insights
- Storelocal Storage Helps Hurricane Victims with Free Storage
- NETSCOUT Plans Q2 FY’25 Results Announcement and Call
- Exploring Investment Opportunities in Senior Living Development
- Windsor Chooses Manhattan Active POS for Enhanced Shopping Experience
- Golden Shield Resources Shifts Focus After Ending Talks
- Gen Zers Shifting Locations for Access to Reproductive Rights
- Bank7 Corp. Posts Impressive Q3 Earnings Growth
- The Bancorp, Inc. Prepares for Exciting Earnings Announcement
- Citizens Financial Group Adjusts Conference Call for Q2 Results
- Auction Announcement for Customer Management and EV Assets
- Mark Dorsey Takes the Helm as Appian's Chief Revenue Officer
- Baird Medical Reports Significant Growth in Financial Performance
- CLPS Incorporation Prepares for Upcoming Fiscal Year Results
- Brembo Expands Horizons with Strategic Öhlins Acquisition
- Waverunner Capital Inc. Schedules Shareholder Meeting Update
- Caterpillar Welcomes Nazzic Keene to Its Board of Directors
- Leadership Insights from Robert E. Kaplan on Self-Reflection
- Monica Chun Takes the Helm as President of ACC
- Stagnant U.S. Producer Price Index Hints at Changing Trends
- Exploring Advanced Techniques for Fracture Healing in Orthopaedics
- MongoDB's Growth and Analyst Recommendations Shine Bright
- Celebrating Innovation: 2024 Gulf Energy Excellence Awards
- Atlas Energy Adjusts Price Target Amid Growth Challenges
- Elite Editing Achieves Prestigious Women's Business Certification
- Acadia Healthcare Stock Update: KeyBanc Rating and Insights
- PayToMe.co Accelerates Fintech Opportunities at Key Conference
- Encompass Health: Dominating the Intensive Rehab Market
- KeyBanc Initiates Coverage on Innovage Holding Corp Stock
- Guidewire's Exciting Growth Trajectory: Analyst Insights
- Wells Fargo Boosts Price Target for SAIC Amid Strong Performance
- Barclays Maintains Equalweight Rating on Tesla Amid New Tech
- Guidewire Software Inc. Sees Price Target Rise Amid Profit Outlook
- JPMorgan Boosts Price Target for Permian Resources Stock
- Affirm's Stock Surges After Positive Wells Fargo Upgrade
- Great Pacific Gold's Strategy to Optimize Non-Core Assets
- Exploring the Expanding Horizons of Additive Manufacturing
- Humana Faces Challenges with Medicare Ratings Update
- Trends Affecting Corporate and Municipal CUSIP Requests