Howmet Aerospace Inc. (NYSE:HWM) Raises Dividend to $0.14 Per Share

Howmet Aerospace Inc. (NYSE:HWM) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, August 7th will be given a dividend of 0.14 per share on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a 16.7% increase from Howmet Aerospace’s previous quarterly dividend of $0.12.

Howmet Aerospace has decreased its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. Howmet Aerospace has a payout ratio of 11.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Howmet Aerospace to earn $5.94 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 8.1%.

Howmet Aerospace Stock Down 0.4%

HWM stock opened at $288.17 on Tuesday. The business’s 50-day moving average price is $268.14 and its 200-day moving average price is $250.04. The stock has a market cap of $115.30 billion, a P/E ratio of 66.86, a PEG ratio of 2.27 and a beta of 1.19. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. Howmet Aerospace has a twelve month low of $169.45 and a twelve month high of $295.28.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, May 7th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. Howmet Aerospace had a net margin of 20.23% and a return on equity of 29.27%. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the firm posted $0.86 EPS. The firm’s quarterly revenue was up 19.1% compared to the same quarter last year. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, equities research analysts forecast that Howmet Aerospace will post 5.05 EPS for the current year.

About Howmet Aerospace

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.