Armstrong World Industries Dividends and Buybacks
Dividend criteria checks 2/6
Armstrong World Industries is a dividend paying company with a current yield of 0.81% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
0.8%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 2.7% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | €1.141 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 91A has been paying a dividend for less than 10 years.
Growing Dividend: 91A's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Armstrong World Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (91A) | 0.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Building) | 2.0% |
| Analyst forecast (91A) (up to 3 years) | 0.8% |
Notable Dividend: 91A's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 91A's dividend (0.81%) is low compared to the top 25% of dividend payers in the German market (4.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.2%), 91A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 91A's dividend payments are well covered by cash flows.