Woodward, Inc. (NASDAQ:WWD) to Issue Quarterly Dividend of $0.32

Woodward, Inc. (NASDAQ:WWD) announced a quarterly dividend on Thursday, June 25th. Shareholders 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) annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th.

Woodward has raised 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 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 Performance

NASDAQ:WWD opened at $436.44 on Friday. 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 has a fifty-two week low of $233.31 and a fifty-two week high of $450.92. The stock has a market cap of $26.00 billion, a PE ratio of 52.27, a price-to-earnings-growth ratio of 2.58 and a beta of 0.89. The firm’s fifty day simple moving average is $376.30 and its 200-day simple moving average is $359.73.

Woodward (NASDAQ:WWD) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, beating the consensus estimate of $2.10 by $0.17. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The business’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Analysts expect that Woodward will post 9.34 earnings per share for the current fiscal 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.