Banking & Finance  April 24, 2017

Woodward Inc. announces dividend following growth in revenue

FORT COLLINS — Woodward Inc. (Nasdaq: WWD), a designer and manufacturer for aerospace and industrial components, is providing a cash dividend for shareholders.

The board of directors declared a dividend of 12.5 cents per share for the quarter.

The dividend is payable on June 5 for stockholders as of May 22.

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The announcement follows Woodward’s second-quarter earnings report released last week. Woodward had earnings per share of 60 cents, but missed analyst expectations by 6 cents. However, the company has revenue of more than $500 million, a 4.4 percent year-over-year improvement and besting analyst expectations by $1.17 million.

 

FORT COLLINS — Woodward Inc. (Nasdaq: WWD), a designer and manufacturer for aerospace and industrial components, is providing a cash dividend for shareholders.

The board of directors declared a dividend of 12.5 cents per share for the quarter.

The dividend is payable on June 5 for stockholders as of May 22.

The announcement follows Woodward’s second-quarter earnings report released last week. Woodward had earnings per share of 60 cents, but missed analyst expectations by 6 cents. However, the company has revenue of more than $500 million, a 4.4 percent year-over-year improvement and…

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