AZZ (NYSE: AZZ) boosts quarterly dividend 20% to $0.24 a share
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
AZZ Inc. disclosed that its Board of Directors has declared a fiscal 2027 first quarter cash dividend of $0.24 per share on its outstanding common stock. This represents a 20.0% increase from the prior quarterly dividend of $0.20 per share.
The dividend will be paid on July 30, 2026, to shareholders of record as of the close of business on July 9, 2026. AZZ states that it currently intends to continue regular quarterly dividends, but each payment will be reviewed individually and remains at the Board’s discretion based on operating results, financial condition, and business outlook.
Positive
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Negative
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Insights
AZZ announces a 20% increase in its quarterly dividend, signaling ongoing commitment to cash returns while keeping future payouts discretionary.
The Board has authorized a fiscal 2027 first quarter cash dividend of $0.24 per share, up from $0.20. A 20% step-up in the regular dividend is meaningful for income-focused holders because it raises the recurring cash yield on existing shares.
The company emphasizes that dividends are still reviewed each quarter and depend on operating results, financial condition, and business outlook, so this is not a fixed long-term commitment. Investors who prioritize income may focus on whether future filings continue this 20%-higher level or adjust it in response to business performance.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
New quarterly dividend: $0.24 per share
Prior quarterly dividend: $0.20 per share
Dividend increase: 20.0%
+2 more
5 metrics
New quarterly dividend
$0.24 per share
Fiscal 2027 first quarter cash dividend
Prior quarterly dividend
$0.20 per share
Previous regular quarterly cash dividend
Dividend increase
20.0%
Increase from $0.20 to $0.24 per share
Dividend payment date
July 30, 2026
Payable date for $0.24 per share dividend
Dividend record date
July 9, 2026
Shareholders of record eligible for dividend
Key Terms
hot-dip galvanizing, coil coating, forward-looking statements, Safe Harbor Statement, +1 more
5 terms
hot-dip galvanizing technical
"the leading independent provider of hot-dip galvanizing and coil coating solutions"
A metal-protection process where steel or iron is dipped into molten zinc to form a durable, corrosion-resistant coating — like giving metal a long-lasting raincoat. It matters to investors because hot-dip galvanizing extends product life, reduces maintenance and warranty costs, and can be a regulatory or quality requirement in construction, infrastructure and manufacturing markets; changes in demand, energy or zinc prices and environmental rules can affect company margins and capital needs.
coil coating technical
"leading independent provider of hot-dip galvanizing and coil coating solutions"
Coil coating is an industrial process that applies paint or protective layers to large rolls of metal (usually steel or aluminum) before they are cut and shaped, like unrolling and painting a sheet of metal continuously on a production line. It matters to investors because it changes the finished product’s durability, appearance and maintenance needs—affecting demand, pricing, manufacturing costs and capital spending for companies that make or use coated metal in buildings, appliances, vehicles and infrastructure.
forward-looking statements regulatory
"Certain statements herein about our expectations of future events or results constitute forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Safe Harbor Statement regulatory
"Safe Harbor Statement Certain statements herein about our expectations of future events"
A safe harbor statement is a disclaimer that companies include in their public disclosures to limit legal liability if future results differ from what was forecasted or expected. It acts like a protective shield, helping companies avoid lawsuits if their predictions don’t come true, and gives investors a clearer understanding that certain statements are forward-looking and involve risks.
Private Securities Litigation Reform Act of 1995 regulatory
"for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(817 ) 810-0095
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
| NYSE Texas, Inc. | ||||||||||||||
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 | Other Events. | ||||
On June 25, 2026, AZZ Inc. issued a press release announcing that its Board of Directors has declared and authorized a fiscal year 2027 first quarter cash dividend of $0.24 per share on the Company's outstanding shares of common stock. The dividend is payable on July 30, 2026, to shareholders of record as of the close of business on July 9, 2026.
Item 9.01 | Financial Statements and Exhibits. | ||||
(d) Exhibits.
The following exhibit is filed as part of this report.
| Exhibit | Description | ||||
| 99.1 | Press release issued by AZZ Inc., dated June 25, 2026. | ||||
104 | Cover Page Interactive Date File (embedded with the Inline XBRL document). | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AZZ Inc. | |||||
| Date: June 25, 2026 | By: /s/ Tara D. Mackey | ||||
| Tara D. Mackey Chief Legal Officer and Secretary | |||||
AZZ Inc. Announces Fiscal Year 2027 First Quarter Cash Dividend
Quarterly Cash Dividend increases 20.0% from $0.20 Per Share to $0.24 Per Share
June 25, 2026 - FORT WORTH, TX - 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 $0.24 per share on the Company’s outstanding shares of common stock. The dividend is payable on July 30, 2026, to shareholders of record as of the close of business on July 9, 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, including increases due to inflation, 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; 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, 2026, 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
####FAQ
What dividend did AZZ (AZZ) just declare for fiscal 2027 Q1?
AZZ declared a fiscal 2027 first quarter cash dividend of $0.24 per share on its outstanding common stock. This payout reflects the company’s updated regular quarterly dividend level authorized by the Board of Directors.
How much did AZZ increase its quarterly dividend in this announcement?
AZZ increased its quarterly cash dividend from $0.20 to $0.24 per share, a 20.0% rise. This change boosts ongoing cash returns to shareholders if the higher level is maintained in future Board decisions.
What is the record date for AZZ’s fiscal 2027 first quarter dividend?
The record date for AZZ’s fiscal 2027 first quarter cash dividend is July 9, 2026. Investors holding AZZ common stock at the close of business on that date will be entitled to receive the $0.24 per share dividend.
Does AZZ plan to keep paying regular quarterly dividends going forward?
AZZ states it currently intends to pay regular quarterly cash dividends for the foreseeable future. However, each dividend will be reviewed individually and declared at the Board’s discretion based on results, financial condition, and business outlook.
What factors does AZZ consider when deciding future dividend payments?
AZZ’s Board considers operating results, financial condition, and business outlook when deciding dividends. These factors guide whether to maintain, increase, or adjust cash payouts, and each quarterly dividend is authorized separately at the Board’s discretion.