Woodward Increases Quarterly Dividend by 14 Percent
Rhea-AI Summary
Woodward (NASDAQ:WWD) announced a $0.32 per share quarterly cash dividend, a 14% increase from the prior quarter's $0.28. The dividend is payable on March 5, 2026 to holders of record as of February 19, 2026.
Positive
- Dividend raised 14% to $0.32 per share
- Payment date set for March 5, 2026, providing near-term cash for shareholders
Negative
- Higher cash payout could modestly reduce available corporate cash reserves
Market Reaction
Following this news, WWD has gained 15.52%, reflecting a significant positive market reaction. Our momentum scanner has triggered 17 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $378.04. This price movement has added approximately $2.64B to the company's valuation. Trading volume is above average at 1.9x the average, suggesting increased trading activity.
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FORT COLLINS, Colo., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of
About Woodward, Inc.
Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com.
Notice Regarding Forward-Looking Statements
The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements concerning the company’s cash dividend. Actual results could differ materially from projections or any other forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect performance and could cause actual results to differ materially from projections and forward-looking statements are described in Woodward's Annual Report and Form 10-K for the year ended September 30, 2025, and any subsequently filed Quarterly Report on Form 10-Q.
CONTACT:
Dan Provaznik
Director Investor Relations
970-498-3849
Dan.Provaznik@Woodward.com