Curtiss-Wright Raises Dividend by 14%, Boosts Buyback by $400 Mln

Dow Jones

2025/05/14

By Colin Kellaher

Curtiss-Wright's board has raised the defense and aerospace engineering company's quarterly dividend to 24 cents from 21 cents, and added $400 million to its share-repurchase authorization.

The new quarterly payout, equal to 96 cents a year, represents an annual yield of 0.24% based on Tuesday's closing price of $395.15, up from 0.21%.

The Davidson, N.C., company on Wednesday said the increased dividend is payable July 7 to shareholders of record June 16.

Curtiss-Wright, which had about 37.7 million shares outstanding as of April 30, sports a market capitalization of nearly $14.9 billion. The company bought back about 42,000 shares for $14 million during the first quarter of 2025.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

May 14, 2025 08:23 ET (12:23 GMT)

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The company bought back about 42,000 shares for $14 million during the first quarter of 2025. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2025 08:23 ET (12:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4187","symbol_name":"航天航空与国防","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535602980","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535602980","pubTimestamp":1747225380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Curtiss-Wright's board has raised the defense and aerospace engineering company's quarterly dividend to 24 cents from 21 cents, and added $400 million to its share-repurchase authorization.The new quarterly payout, equal to 96 cents a year, represents an annual yield of 0.24% based on Tuesday's closing price of $395.15, up from 0.21%.The Davidson, N.C., company on Wednesday said the increased dividend is payable July 7 to shareholders of record June 16.Curtiss-Wright, which had about 37.7 million shares outstanding as of April 30, sports a market capitalization of nearly $14.9 billion. 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