Woodward, Inc. (WWD) To Go Ex-Dividend on August 20th

Woodward, Inc. (NASDAQ:WWD) announced a quarterly dividend on Thursday, June 25th. Investors of record on Thursday, August 20th will be paid a dividend of 0.32 per share by the technology company on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, August 20th.

Woodward has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years. Woodward has a dividend payout ratio of 17.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Woodward to earn $10.47 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.2%.

Woodward Stock Down 1.1%

Shares of NASDAQ:WWD opened at $431.62 on Friday. Woodward has a 52-week low of $233.31 and a 52-week high of $450.92. The stock has a market cap of $25.72 billion, a P/E ratio of 51.69, a price-to-earnings-growth ratio of 2.60 and a beta of 0.89. The business’s 50 day moving average is $377.07 and its 200 day moving average is $360.23. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18.

Woodward (NASDAQ:WWD) last issued its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the company posted $1.69 EPS. Woodward’s revenue was up 23.4% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Sell-side analysts predict that Woodward will post 9.34 EPS for the current year.

About Woodward

Woodward, Inc (NASDAQ: WWD) is a global leader in the design, manufacture and service of control systems and components for the aerospace and industrial markets. Founded in 1870 and headquartered in Fort Collins, Colorado, the company specializes in motion control, fuel systems, actuation, and digital control solutions. Its offerings enable precision management of flow, pressure and motion in critical applications ranging from aircraft engines and power turbines to hydraulic systems.

Woodward’s product portfolio is organized into two primary segments: Aerospace and Industrial.