The Board of Directors of Howmet Aerospace Inc. declared a quarterly dividend of 8 cents per share on the company's outstanding Common Stock on September 25, 2024. This dividend is scheduled for payment on November 25, 2024, to shareholders of record as of the close of business on November 8, 2024.
This declaration represents a significant 60% increase from the second quarter 2024 dividend of $0.05 per share. The substantial hike underscores the company's robust financial performance and its commitment to returning value to shareholders.
The increased dividend payout reflects management's confidence in Howmet Aerospace's sustained profitability and strong cash flow generation. This move enhances the attractiveness of the common stock for income-focused investors.
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