Armstrong World Industries Announces Increase in Quarterly Dividend
The increase marks the eighth consecutive annual dividend increase since the program began in 2018.
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"This announcement marks the eighth consecutive annual increase since the inception of our dividend program in 2018 and reflects the Board of Directors' continued confidence in our growth strategy and ability to consistently generate adjusted free cash flow growth," said AWI Senior Vice President and CFO Chris Calzaretta. "With a healthy balance sheet and a track record of strong adjusted free cash flow generation, we remain committed to returning cash to shareholders as a key pillar of our balanced approach to capital allocation."
The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company's financial position, results of operations and cash flow.
About Armstrong
Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions. For more than 165 years, Armstrong has delivered products and capabilities that enable architects, designers and contractors to transform building design and construction with elevated aesthetics, acoustics and sustainable attributes. With
View source version on businesswire.com: https://www.businesswire.com/news/home/20261021312870/en/
Investors & Media: Theresa Womble, VP, Investor Relations and Corporate Communications
tlwomble@armstrong.com or (717) 396-6354
Investors: Morgan Leitzel, Manager, Investor Relations
mcleitzel@armstrong.com or (717) 396-2240
Source: Armstrong World Industries, Inc.