Armstrong World Industries Announces Increase in Quarterly Dividend
“This announcement marks the sixth consecutive annual increase since we initiated our dividend program in 2018. This growth reflects our ability to generate free cash flow as well as the Board of Director’s continued confidence in our long-term growth strategy,” said AWI Senior Vice President and CFO Chris Calzaretta. “With our healthy balance sheet and track record of strong free cash flow growth, we remain committed to returning cash to shareholders as an important pillar of our capital allocation framework.”
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 a leader in the design and manufacture of innovative ceiling and wall solutions in the
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Theresa Womble, tlwomble@armstrongceilings.com or (717) 396-6354
Source: Armstrong World Industries, Inc.