Curtiss-Wright Corporation (CW) To Go Ex-Dividend on March 26th

Curtiss-Wright Corporation (NYSE:CW) announced a quarterly dividend on Wednesday, February 4th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.24 per share by the aerospace company on Monday, April 13th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, March 26th.

Curtiss-Wright has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. Curtiss-Wright has a dividend payout ratio of 7.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Curtiss-Wright to earn $13.06 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 7.4%.

Curtiss-Wright Price Performance

CW opened at $689.44 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.44 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $674.43 and its 200 day moving average price is $594.69. Curtiss-Wright has a fifty-two week low of $266.88 and a fifty-two week high of $730.12. The firm has a market cap of $25.42 billion, a price-to-earnings ratio of 53.57, a price-to-earnings-growth ratio of 3.27 and a beta of 0.91.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings results on Wednesday, February 11th. The aerospace company reported $3.79 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $0.13. Curtiss-Wright had a return on equity of 19.28% and a net margin of 13.84%.The business had revenue of $946.98 million for the quarter, compared to analysts’ expectations of $890.14 million. During the same period in the prior year, the firm earned $3.27 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. As a group, sell-side analysts expect that Curtiss-Wright will post 12.32 earnings per share for the current year.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.