Armstrong World Industries Announces $0.28 Cash Dividend per Share to Its Common Stockholders

Armstrong World Industries, Inc. (AWI) announced today that its Board of Directors has declared a cash dividend of $0.28 per share of common stock. The dividend will be paid on May 23, 2024, to stockholders of record as of the close of business on May 9, 2024. The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company’s financial position, results of operations, and cash flow.

With $1.3 billion in revenue in 2023, AWI is a leader in the design and manufacture of innovative ceiling and wall solutions in the Americas. The company has approximately 3,100 employees and a manufacturing network of 16 facilities, plus seven facilities dedicated to its WAVE joint venture. Its products are known for their design, innovation, and quality.

Armstrong World Industries was founded in 1899 by Nathaniel Blythe Armstrong as part of his vision to create a leading manufacturer of building products that would enhance people’s lives through thoughtful design and superior quality materials. Today AWI continues to carry out this mission with dedication to innovation and commitment to sustainability initiatives across all stages of production process including sourcing raw materials from sustainable suppliers or recycled materials whenever possible.

For more information about Armstrong World Industries or its products visit their website at www.armstrongceilings.com