Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services. Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
Westinghouse Air Brake Technologies Dividend Announcement
• Westinghouse Air Brake Technologies announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-13
• Westinghouse Air Brake Technologies annual dividend for 2024 was $0.80
• Westinghouse Air Brake Technologies annual dividend for 2023 was $0.68
• Westinghouse Air Brake Technologies's trailing twelve-month (TTM) dividend yield is 0.39%
• Westinghouse Air Brake Technologies's payout ratio for the trailing twelve months (TTM) is 12.94%
• Westinghouse Air Brake Technologies's dividend growth over the last five years (2018-2023) was 7.21% year
• Westinghouse Air Brake Technologies's dividend growth over the last ten years (2013-2023) was 14.22% year
Westinghouse Air Brake Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | $0.20 | quarterly | 2024-11-27 |
2024-08-14 | $0.20 | quarterly | 2024-08-28 |
2024-05-24 | $0.20 | quarterly | 2024-06-11 |
2024-02-22 | $0.20 | quarterly | 2024-03-08 |
2023-11-14 | $0.17 | quarterly | 2023-11-29 |
2023-08-11 | $0.17 | quarterly | 2023-08-28 |
2023-05-26 | $0.17 | quarterly | 2023-06-09 |
2023-02-23 | $0.17 | quarterly | 2023-03-10 |
2022-11-10 | $0.15 | quarterly | 2022-11-28 |
2022-08-12 | $0.15 | quarterly | 2022-08-29 |
2022-05-19 | $0.15 | quarterly | 2022-05-27 |
2022-02-24 | $0.15 | quarterly | 2022-02-28 |
2021-11-12 | $0.12 | quarterly | 2021-11-29 |
2021-08-12 | $0.12 | quarterly | 2021-08-27 |
2021-05-06 | $0.12 | quarterly | 2021-05-21 |
2021-02-11 | $0.12 | quarterly | 2021-02-26 |
2020-11-12 | $0.12 | quarterly | 2020-11-27 |
2020-08-13 | $0.12 | quarterly | 2020-08-28 |
2020-05-07 | $0.12 | quarterly | 2020-05-22 |
2020-02-06 | $0.12 | quarterly | 2020-02-21 |
2019-11-14 | $0.12 | quarterly | 2019-11-29 |
2019-08-08 | $0.12 | quarterly | 2019-08-23 |
2019-05-09 | $0.12 | quarterly | 2019-05-24 |
2019-02-07 | $0.12 | quarterly | 2019-02-22 |
2018-11-15 | $0.12 | quarterly | 2018-11-30 |
2018-08-09 | $0.12 | quarterly | 2018-08-24 |
2018-05-10 | $0.12 | quarterly | 2018-05-25 |
2018-02-08 | $0.12 | quarterly | 2018-02-23 |
2017-11-10 | $0.12 | quarterly | 2017-11-27 |
2017-08-10 | $0.12 | quarterly | 2017-08-28 |
2017-05-10 | $0.10 | quarterly | 2017-05-26 |
2017-02-08 | $0.10 | quarterly | 2017-02-24 |
2016-11-09 | $0.10 | quarterly | 2016-11-28 |
2016-08-11 | $0.10 | quarterly | 2016-08-29 |
2016-05-11 | $0.08 | quarterly | 2016-05-27 |
2016-02-10 | $0.08 | quarterly | 2016-02-26 |
2015-11-12 | $0.08 | quarterly | 2015-11-30 |
2015-08-13 | $0.08 | quarterly | 2015-08-31 |
2015-05-13 | $0.06 | quarterly | 2015-05-29 |
2015-02-11 | $0.06 | quarterly | 2015-02-27 |
2014-11-12 | $0.06 | quarterly | 2014-11-28 |
2014-08-13 | $0.06 | quarterly | 2014-08-29 |
2014-05-14 | $0.04 | quarterly | 2014-05-30 |
2014-02-12 | $0.04 | quarterly | 2014-02-28 |
2013-11-13 | $0.04 | quarterly | 2013-11-29 |
2013-08-14 | $0.04 | quarterly | 2013-08-30 |
2013-05-15 | $0.05 | quarterly | 2013-05-31 |
2013-02-13 | $0.05 | quarterly | 2013-03-01 |
Westinghouse Air Brake Technologies Dividend per year
Westinghouse Air Brake Technologies Dividend growth
Westinghouse Air Brake Technologies Dividend Yield
Westinghouse Air Brake Technologies current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Westinghouse Air Brake Technologies stock? Use our calculator to estimate your expected dividend yield:
Westinghouse Air Brake Technologies Financial Ratios
Westinghouse Air Brake Technologies Dividend FAQ
Other factors to consider when evaluating Westinghouse Air Brake Technologies 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.
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1. Determination of Dividend: Westinghouse Air Brake Technologies'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, Westinghouse Air Brake Technologies 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, Westinghouse Air Brake Technologies 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 Westinghouse Air Brake Technologies 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: Westinghouse Air Brake Technologies 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, Westinghouse Air Brake Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Westinghouse Air Brake Technologies 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 Westinghouse Air Brake Technologies'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 Westinghouse Air Brake Technologies'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.