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 2024-08-28. Ex dividend date: 2024-08-14
• Westinghouse Air Brake Technologies annual dividend for 2024 was $0.60
• Westinghouse Air Brake Technologies annual dividend for 2023 was $0.68
• Westinghouse Air Brake Technologies's trailing twelve-month (TTM) dividend yield is 0.41%
• Westinghouse Air Brake Technologies's payout ratio for the trailing twelve months (TTM) is 12.99%
• 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 |
|---|---|---|---|
| 2024-08-14 | $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 0.41%. Interested in purchasing Westinghouse Air Brake Technologies stock? Use our calculator to estimate your expected dividend yield:
Westinghouse Air Brake Technologies Financial Ratios
P/E ratio32.33
PEG ratio44.61
P/B ratio3.13
ROE9.73%
Payout ratio12.99%
Current ratio1.38
Quick ratio0.73
Cash Ratio0.16
Westinghouse Air Brake Technologies Dividend FAQ
How much is the next Westinghouse Air Brake Technologies dividend?
Westinghouse Air Brake Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Westinghouse Air Brake Technologies dividend. The next Westinghouse Air Brake Technologies dividend will be released in February, May, August, or November.
When is Westinghouse Air Brake Technologies dividend paid?
Westinghouse Air Brake Technologies pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Westinghouse Air Brake Technologies pay?
The specific amount of Westinghouse Air Brake Technologies dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Westinghouse Air Brake Technologies's dividend history.
Does Westinghouse Air Brake Technologies stock pay dividends?
Yes, Westinghouse Air Brake Technologies does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Westinghouse Air Brake Technologies's dividend history.
How much dividend does Westinghouse Air Brake Technologies pay?
Westinghouse Air Brake Technologies paid $0.6 in 2024, $0.68 in 2023, $0.6 in 2022, $0.48 in 2021, and $0.48 in 2020.
How often does Westinghouse Air Brake Technologies pay dividends?
Westinghouse Air Brake Technologies typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Westinghouse Air Brake Technologies's dividend yield?
The current dividend yield for Westinghouse Air Brake Technologies is 0.41%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Westinghouse Air Brake Technologies's exact dividend yield.
When does Westinghouse Air Brake Technologies go ex dividend?
Westinghouse Air Brake Technologies's ex-dividend date for the latest dividend was on 2024-08-14. Westinghouse Air Brake Technologies typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Westinghouse Air Brake Technologies dividend paid?
Westinghouse Air Brake Technologies pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Westinghouse Air Brake Technologies increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Westinghouse Air Brake Technologies will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Westinghouse Air Brake Technologies dividend per share?
Westinghouse Air Brake Technologies paid $0.6 per share in 2024 and $0.68 per share in 2023. The amount of dividend per share that Westinghouse Air Brake Technologies pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Westinghouse Air Brake Technologies a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Westinghouse Air Brake Technologies a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Westinghouse Air Brake Technologies a dividend stock?
Yes, Westinghouse Air Brake Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Westinghouse Air Brake Technologies a good dividend stock?
Whether Westinghouse Air Brake Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Westinghouse Air Brake Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Westinghouse Air Brake Technologies pay dividends monthly?
Westinghouse Air Brake Technologies typically pays dividends on a quarterly basis.
Does Westinghouse Air Brake Technologies pay dividends quarterly?
Westinghouse Air Brake Technologies currently pays dividends on a quarterly basis.
Has Westinghouse Air Brake Technologies ever paid a dividend?
Yes, Westinghouse Air Brake Technologies has a history of paying dividends to its shareholders. Westinghouse Air Brake Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Westinghouse Air Brake Technologies dividend stocks?
To buy Westinghouse Air Brake Technologies you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Westinghouse Air Brake Technologies 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.
Place an order: Use the brokerage's trading platform to place an order to buy Westinghouse Air Brake Technologies 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.
When does Westinghouse Air Brake Technologies pay dividends 2024?
Westinghouse Air Brake Technologies pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Westinghouse Air Brake Technologies increase its dividend in 2024?
Decisions regarding Westinghouse Air Brake Technologies dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Westinghouse Air Brake Technologies dividend overview you can look into the above table of dividend history.
How Westinghouse Air Brake Technologies dividend works?
The Westinghouse Air Brake Technologies dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Westinghouse Air Brake Technologies's dividend process works:
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. 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.
How are Westinghouse Air Brake Technologies dividends paid?
Westinghouse Air Brake Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Westinghouse Air Brake Technologies pay dividends?
Westinghouse Air Brake Technologies typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Westinghouse Air Brake Technologies pay dividends?
The general pattern is that Westinghouse Air Brake Technologies pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Westinghouse Air Brake Technologies dividend safe?
The safety of Westinghouse Air Brake Technologies's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.