CSW Industrials Increases Quarterly Dividend by 12.5% to $0.27 Per Share
Rhea-AI Summary
CSW Industrials (CSWI) has announced a 12.5% increase in its quarterly dividend to $0.27 per share, up $0.03 from the previous quarter. The dividend will be payable on May 9, 2025, to shareholders of record as of April 25, 2025.
This marks the company's sixth dividend increase, demonstrating CSWI's strong financial position. The company has returned $222.4 million to shareholders through share repurchases and dividends since October 2017, while maintaining growth through organic expansion and strategic acquisitions.
Positive
- 12.5% increase in quarterly dividend to $0.27 per share
- Strong balance sheet, cash flows, and profitability reported
- $222.4 million returned to shareholders through dividends and buybacks since 2017
- Successful track record of organic growth and accretive acquisitions
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CSWI gained 6.60%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, April 11, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of
“We are pleased to announce the sixth increase in our quarterly dividend, reflecting our strong balance sheet, cash flows and profitability. Since October of 2017, CSWI has returned
| Details | ||
| Dividend Amount: | ||
| Record Date: | April 25, 2025 | |
| Payable Date: | May 9, 2025 | |
About CSW Industrials
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.
Investor Relations
Alexa Huerta
Vice President of Investor Relations and Treasurer
214-489-7113
Alexa.Huerta@cswi.com