CSW Industrials Increases Quarterly Dividend by 10.5% to $0.21 Per Share
April 12 2024 - 8:32AM
The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI)
today declared a regular quarterly cash dividend of $0.21 per
share. This represents an increase of $0.02 per share, or
approximately 10.5%, as compared to the declared dividend in the
prior quarter. The dividend is payable on May 10, 2024, to
shareholders of record as of the close of business on April 26,
2024.
“We are pleased to announce another increase in
our quarterly dividend, reflecting our strong balance sheet, cash
flows and profitability. Over the past five years, we have returned
$143 million in cash to our shareholders through share repurchases
and dividends, while delivering impressive growth, both organically
and through acquisitions,” said Joseph B. Armes, CSW Industrials
Chairman, President, and Chief Executive Officer.
Details |
Dividend Amount: |
$0.21 |
Record Date: |
April 26, 2024 |
Payable Date: |
May 10, 2024 |
|
|
About CSW Industrials CSW
Industrials is a diversified industrial growth company with
industry-leading operations in three segments: Contractor
Solutions, Specialized Reliability Solutions, and Engineered
Building Solutions. CSWI provides niche, value-added products with
two essential commonalities: performance and reliability. The
primary end markets we serve with our well-known brands include:
HVAC/R, plumbing, general industrial, architecturally-specified
building products, energy, mining, and rail. For more information,
please visit www.cswindustrials.com.
Investor RelationsAlexa HuertaVice President of
Investor Relations and Treasurer
214-489-7113Alexa.Huerta@cswi.com
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