AZZ Inc. Announces Fiscal Year 2026 First Quarter Cash Dividend

Rhea-AI Summary

AZZ (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced a significant increase in its quarterly cash dividend. The Board of Directors has authorized a 17.6% increase in the quarterly dividend from $0.17 to $0.20 per share.

The dividend will be payable on July 31, 2025, to shareholders of record as of July 10, 2025. The company has expressed its intention to continue regular quarterly cash dividends, subject to Board review and approval based on various factors including operating results, financial condition, and business outlook.

Positive

• None.

Negative

• Future dividends subject to Board review and market conditions
• Company faces risks from variable interest rates on significant portion of debt
• Exposure to fluctuating raw material costs including zinc and natural gas

News Market Reaction – AZZ

+2.50%

1 alert

+2.50% News Effect

On the day this news was published, AZZ gained 2.50%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Quarterly Cash Dividend increases 17.6% from $0.17 Per Share to $0.20 Per Share

FORT WORTH, Texas, June 26, 2025 /PRNewswire/ -- AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors has authorized a first quarter cash dividend in the amount of $0.20 per share on the Company's outstanding shares of common stock. The dividend is payable on July 31, 2025, to shareholders of record as of the close of business on July 10, 2025.

While AZZ currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends will be reviewed on an individual basis and declared by the Board of Directors at its discretion. AZZ remains committed to enhancing shareholder value based upon its consideration of various factors, including operating results, financial condition, and business outlook at the applicable time.

About AZZ Inc.

AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions to a broad range of end-markets. Collectively, our business segments provide sustainable, unmatched metal coating solutions that enhance the longevity and appearance of buildings, products and infrastructure that are essential to everyday life.

Safe Harbor Statement

Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "could," "should," "expects," "plans," "will," "might," "would," "projects," "currently," "intends," "outlook," "forecasts," "targets," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Forward-looking statements speak only as of the date they are made and are subject to risks that could cause them to differ materially from actual results. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our manufactured solutions, including demand by the construction markets, the industrial markets, and the metal coatings markets. We could also experience additional increases in labor costs, components and raw materials including zinc and natural gas, which are used in our hot-dip galvanizing process, paint used in our coil coating process; supply-chain vendor delays; customer requested delays of our manufactured solutions; delays in additional acquisition opportunities; an increase in our debt leverage and/or interest rates on our debt, of which a significant portion is tied to variable interest rates; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the manufactured solutions that we provide; economic volatility, including a prolonged economic downturn or macroeconomic conditions such as inflation or changes in the political stability in the United States and other foreign markets in which we operate; tariffs; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business, including in Part I, Item 1A. Risk Factors, in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2025, and other filings with the SEC, available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov.
You are urged to consider these factors carefully when evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Company Contact:
David Nark, Chief Marketing, Communications, and Investor Relations Officer
AZZ Inc.
(817) 810-0095
www.azz.com

Investor Contact:
Sandy Martin, Phillip Kupper
Three Part Advisors
(214) 616-2207
www.threepa.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/azz-inc-announces-fiscal-year-2026-first-quarter-cash-dividend-302492687.html

SOURCE AZZ, Inc.

FAQ

What is AZZ's new quarterly dividend amount for Q1 2026?

AZZ's new quarterly dividend is $0.20 per share, representing a 17.6% increase from the previous $0.17 per share.

When will AZZ (NYSE:AZZ) pay its Q1 2026 dividend?

The dividend will be paid on July 31, 2025 to shareholders of record as of July 10, 2025.

How much did AZZ increase its dividend in 2025?

AZZ increased its quarterly dividend by 17.6%, raising it from $0.17 to $0.20 per share.

What is AZZ's dividend policy going forward?

While AZZ intends to pay regular quarterly cash dividends, future dividends will be reviewed individually and declared at the Board's discretion based on operating results, financial condition, and business outlook.

What business is AZZ Inc. primarily involved in?

AZZ Inc. is the leading independent provider of hot-dip galvanizing and coil coating solutions serving a broad range of end-markets.