Howmet Aerospace Inc. (NYSE:HWM) Announces Quarterly Dividend of $0.12

Howmet Aerospace Inc. (NYSE:HWM) announced a quarterly dividend on Tuesday, January 20th. Investors of record on Friday, February 6th will be given a dividend of 0.12 per share on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, February 6th.

Howmet Aerospace has raised its dividend by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Howmet Aerospace has a payout ratio of 11.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Howmet Aerospace to earn $3.99 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 12.0%.

Howmet Aerospace Trading Down 2.1%

Shares of Howmet Aerospace stock opened at $220.16 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. The company’s fifty day moving average is $205.45 and its two-hundred day moving average is $193.68. Howmet Aerospace has a 1 year low of $105.04 and a 1 year high of $226.87. The company has a market capitalization of $88.52 billion, a P/E ratio of 61.84, a PEG ratio of 2.13 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the company earned $0.81 earnings per share. Howmet Aerospace’s quarterly revenue was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. Analysts forecast that Howmet Aerospace will post 3.27 earnings per share for the current year.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.