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Armstrong World Industries (Armstrong World Industries) 5-Year Dividend Growth Rate : 32.30% (As of Dec. 2023)


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What is Armstrong World Industries 5-Year Dividend Growth Rate?

Armstrong World Industries's Dividends per Share for the three months ended in Dec. 2023 was $0.28.

During the past 12 months, Armstrong World Industries's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Armstrong World Industries was 70.10% per year. The lowest was 8.80% per year. And the median was 9.30% per year.

Armstrong World Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.26. As of today, Armstrong World Industries's Dividend Yield % is 0.91%.

Warning Sign:

Armstrong World Industries Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Armstrong World Industries's 5-Year Dividend Growth Rate

For the Building Products & Equipment subindustry, Armstrong World Industries's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Armstrong World Industries's 5-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Armstrong World Industries's 5-Year Dividend Growth Rate falls into.



Armstrong World Industries 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Armstrong World Industries  (NYSE:AWI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Armstrong World Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.28/ 1.062
=0.26

During the past 13 years, the highest Dividend Payout Ratio of Armstrong World Industries was 0.23. The lowest was 0.05. And the median was 0.21.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Armstrong World Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2802024-02-282024-02-292024-03-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.2802023-11-012023-11-022023-11-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.2542023-08-022023-08-032023-08-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.2542023-05-032023-05-042023-05-18Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Armstrong World Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.068/116.98
=0.91 %

Current Share Price is $116.98.
Armstrong World Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.068.

During the past 13 years, the highest Dividend Yield of Armstrong World Industries was 1.53%. The lowest was 0.22%. And the median was 0.97%.

Warning Sign:

Armstrong World Industries Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Armstrong World Industries 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Armstrong World Industries's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Armstrong World Industries (Armstrong World Industries) Business Description

Traded in Other Exchanges
Address
2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).
Executives
Victor Grizzle director, officer: CEO 2500 COLUMBIA AVE, LANCASTER PA 17604-3001
Monica M. Maheshwari officer: SVP, Human Resources 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Mark A Hershey officer: See Remarks ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17604-3001
Christopher P. Calzaretta officer: SVP & CFO 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Richard D Holder director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
William H Osborne director 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jill A. Crager officer: SVP Sales Operations 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Dawn M. Kirchner-king officer: SVP & CIO 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Ellen R. Romano officer: SVP, Human Resources C/O 2500 COLUMBIA AVE, LANCASTER PA 17603
Austin So officer: SVP Gen Cnsl, Compliance C/O STONEMOR PARTNERS L.P., 3600 HORIZON BOULEVARD, TREVOSE PA 19053
Charles M Chiappone officer: SVP, Ceiling Solutions 2500 COLUMBIA AVE, LANCASTER PA 17603
James T. Burge officer: Vice President & Controller 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Stephen F Mcnamara officer: VP, Controller C/O ARMSTRONG WORLD INDUSTRIES, INC., PO BOX 3001, LANCASTER PA 17604
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Barbara Loughran director 1999 BRYAN STREET, DALLAS TX 75201