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

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

Howmet Aerospace has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 5 years. Howmet Aerospace has a dividend payout ratio of 11.6% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of HWM stock traded down $4.74 on Tuesday, reaching $220.16. 2,421,018 shares of the company were exchanged, compared to its average volume of 2,232,641. Howmet Aerospace has a 1 year low of $105.04 and a 1 year high of $226.87. 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 business has a 50-day moving average price of $205.23 and a 200 day moving average price of $193.40. The company has a market cap of $88.52 billion, a price-to-earnings ratio of 61.84, a P/E/G ratio of 2.13 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period last year, the company posted $0.81 EPS. 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. Equities research analysts forecast that Howmet Aerospace will post 3.27 earnings per share for the current fiscal 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.