Howmet Aerospace Raised Dividend From $0.05 To $0.08/Share, Increased Common Stock Repurchase Authorization By $2B
Portfolio Pulse from Benzinga Newsdesk
Howmet Aerospace has raised its dividend from $0.05 to $0.08 per share and increased its common stock repurchase authorization by $2 billion.
July 30, 2024 | 12:30 pm
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Howmet Aerospace has increased its dividend from $0.05 to $0.08 per share and expanded its stock repurchase authorization by $2 billion. This move signals strong financial health and shareholder value focus.
The increase in dividend and stock repurchase authorization indicates Howmet Aerospace's strong financial position and commitment to returning value to shareholders. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100