Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.
Howmet Aerospace Dividend Announcement
• Howmet Aerospace announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-08
• Howmet Aerospace annual dividend for 2024 was $0.31
• Howmet Aerospace annual dividend for 2023 was $0.17
• Howmet Aerospace's trailing twelve-month (TTM) dividend yield is 0.27%
• Howmet Aerospace's payout ratio for the trailing twelve months (TTM) is 9.01%
• Howmet Aerospace's dividend growth over the last five years (2018-2023) was -6.66% year
Howmet Aerospace Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.08 | quarterly | 2024-11-25 |
2024-08-09 | $0.08 | quarterly | 2024-08-26 |
2024-05-09 | $0.05 | quarterly | 2024-05-28 |
2024-03-14 | $0.05 | quarterly | 2024-04-01 |
2024-02-08 | $0.05 | quarterly | 2024-02-26 |
2023-11-09 | $0.05 | quarterly | 2023-11-27 |
2023-08-03 | $0.04 | quarterly | 2023-08-25 |
2023-05-04 | $0.04 | quarterly | 2023-05-25 |
2023-02-09 | $0.04 | quarterly | 2023-02-27 |
2022-11-03 | $0.04 | quarterly | 2022-11-25 |
2022-08-04 | $0.02 | quarterly | 2022-08-25 |
2022-05-05 | $0.02 | quarterly | 2022-05-25 |
2022-02-03 | $0.02 | quarterly | 2022-02-25 |
2021-11-04 | $0.02 | quarterly | 2021-11-25 |
2021-08-05 | $0.02 | quarterly | 2021-08-25 |
2020-02-06 | $0.02 | quarterly | 2020-02-25 |
2019-11-07 | $0.02 | quarterly | 2019-11-25 |
2019-08-01 | $0.02 | quarterly | 2019-08-25 |
2019-05-02 | $0.02 | quarterly | 2019-05-25 |
2019-02-07 | $0.06 | quarterly | 2019-02-25 |
2018-11-01 | $0.06 | quarterly | 2018-11-25 |
2018-08-02 | $0.06 | quarterly | 2018-08-25 |
2018-05-03 | $0.06 | quarterly | 2018-05-25 |
2018-02-01 | $0.06 | quarterly | 2018-02-25 |
2017-11-02 | $0.06 | quarterly | 2017-11-25 |
2017-08-02 | $0.06 | quarterly | 2017-08-25 |
2017-05-03 | $0.06 | quarterly | 2017-05-25 |
2017-02-01 | $0.06 | quarterly | 2017-02-25 |
2016-11-08 | $0.09 | quarterly | 2016-11-25 |
Howmet Aerospace Dividend per year
Howmet Aerospace Dividend growth
Howmet Aerospace Dividend Yield
Howmet Aerospace current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Howmet Aerospace stock? Use our calculator to estimate your expected dividend yield:
Howmet Aerospace Financial Ratios
Howmet Aerospace Dividend FAQ
Other factors to consider when evaluating Howmet Aerospace as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Howmet Aerospace stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Howmet Aerospace's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Howmet Aerospace publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Howmet Aerospace distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Howmet Aerospace are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Howmet Aerospace sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Howmet Aerospace distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Howmet Aerospace declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Howmet Aerospace's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Howmet Aerospace's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.