CSW Industrials Hikes Dividend by 12.5%

Dow Jones

Apr 11

By Adriano Marchese

CSW Industrials raised its quarterly dividend by 12.5%.

The maker of architectural building components and fire-stopping products said Friday that the board has declared a quarterly dividend of 27 cents a share, which represents an increase of 3 cents a share from the prior quarter.

The new payout, equivalent to $1.08 per year, represents an annual yield of about 0.4% based on Thursday's closing price of $282.

CSW said the decision to increase the dividend was backed by a strong balance sheet, cash flows and profitability.

The dividend is payable on May 9 to shareholders of record as of April 25.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 11, 2025 08:49 ET (12:49 GMT)

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