AZZ Inc. Announces Fiscal Year 2026 Third Quarter Cash Dividend

Rhea-AI Summary

AZZ (NYSE: AZZ) announced a fiscal 2026 third-quarter cash dividend of $0.20 per share. The dividend is payable on February 26, 2026 to shareholders of record at the close of business on February 5, 2026. The company said it currently intends to pay regular quarterly cash dividends, but future dividends will be reviewed and declared at the Board's discretion based on operating results, financial condition, and business outlook. The release also reiterated operational risks including potential increases in labor, raw materials (zinc), energy (natural gas), supply-chain delays, debt leverage, and macroeconomic factors that could affect future results.

Positive

• Declared cash dividend of $0.20 per share
• Dividend payable Feb 26, 2026 with record date Feb 5, 2026
• Company states intent to continue regular quarterly dividends

Negative

• Future dividends are discretionary and may be reduced or suspended by the Board
• Company cites potential increases in labor, zinc, natural gas, and paint costs that could pressure results
• Noted risk of increased debt leverage or interest rates that could constrain cash available for dividends

News Market Reaction

-0.53%

3 alerts

-0.53% News Effect

-$19M Valuation Impact

$3.57B Market Cap

0.1x Rel. Volume

On the day this news was published, AZZ declined 0.53%, reflecting a mild negative market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $19M from the company's valuation, bringing the market cap to $3.57B at that time.

Data tracked by StockTitan Argus on the day of publication.

FORT WORTH, Texas, Jan. 7, 2026 /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 third 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 February 26, 2026, to shareholders of record as of the close of business on February 5, 2026.

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

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SOURCE AZZ, Inc.

FAQ

What dividend did AZZ (NYSE: AZZ) announce for fiscal Q3 2026?

AZZ announced a cash dividend of $0.20 per share for fiscal Q3 2026.

When is the AZZ dividend for fiscal Q3 2026 payable and what is the record date?

The dividend is payable on February 26, 2026 to shareholders of record as of February 5, 2026.

Does AZZ (AZZ) plan to keep paying quarterly dividends after Feb 2026?

AZZ currently intends to pay regular quarterly dividends, but each future dividend will be reviewed and declared at the Board's discretion.

How could rising raw material or energy costs affect AZZ's dividends?

The company warned that increases in labor, zinc, natural gas, and paint costs could adversely affect operating results and cash available for dividends.

Will the AZZ dividend announcement change my taxable income for 2026?

Dividend tax treatment depends on your jurisdiction and holding period; consult a tax advisor for how a $0.20 per share cash dividend affects your taxes.

Where can AZZ shareholders find more investor information about the dividend?

Shareholders can find investor updates and filings on AZZ's investor site at www.azz.com and on the SEC website.