Curtiss-Wright Corporation (CW) To Go Ex-Dividend on June 15th

Curtiss-Wright Corporation (NYSE:CWGet Free Report) announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Monday, June 15th will be given a dividend of 0.24 per share by the aerospace company on Monday, July 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th.

Curtiss-Wright has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 8 years. Curtiss-Wright has a dividend payout ratio of 7.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Curtiss-Wright to earn $16.80 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 6.2%.

Curtiss-Wright Stock Performance

NYSE CW opened at $758.19 on Friday. Curtiss-Wright has a 52-week low of $458.74 and a 52-week high of $768.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.52. The company has a market capitalization of $28.01 billion, a P/E ratio of 55.54, a P/E/G ratio of 3.51 and a beta of 0.85. The company has a fifty day moving average of $726.95 and a 200-day moving average of $664.44.

Curtiss-Wright (NYSE:CWGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The company had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. During the same period in the previous year, the firm posted $2.82 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. As a group, equities research analysts predict that Curtiss-Wright will post 15.15 EPS for the current fiscal year.

Curtiss-Wright Company Profile

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Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.

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Dividend History for Curtiss-Wright (NYSE:CW)

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