NasdaqGS:WWDAerospace & Defense
Woodward Reshapes Governance As Dividend Growth Reinforces Capital Return Story
Woodward approved changes to its corporate governance, removing supermajority voting requirements.
The company also eliminated cumulative voting rights for board elections.
Alongside these changes, Woodward announced a 14% increase in its quarterly dividend.
For investors watching NasdaqGS:WWD, these governance moves come as the stock trades at $391.53, with returns of 5.5% over the past week and 21.6% over the past month. Over longer periods, the shares show gains of 26.0% year to date,...