Woodward, Inc. Increases Quarterly Dividend, Payable on March 5, 2024
January 25, 2024 at 08:00 am EST
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Woodward, Inc. announced that its Board of Directors approved a dividend of $0.25 per share, an increase of approximately 14% from the prior quarter?s dividend of $0.22 per share. The dividend will be payable on March 5, 2024, for stockholders of record as of February 20, 2024.
Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It operates through two segments: Aerospace and Industrial. Its Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, and combustion and motion control. These products include fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, as well as flight deck controls, actuators, servocontrols, motors, and sensors. Its Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. These products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. Its production facilities are in the United States, Europe, and Asia.
WOODWARD, INC. 
