Woodward declares quarterly dividend of $0.28 per share

Published 25/07/2025, 05:48
Woodward declares quarterly dividend of $0.28 per share

FORT COLLINS, Colo. - Woodward, Inc. (NASDAQ:WWD) announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.28 per share. The dividend will be payable on September 4, 2025, to stockholders of record as of August 21, 2025. According to InvestingPro data, Woodward has maintained dividend payments for 53 consecutive years, with dividend growth of 12% over the last twelve months.

Woodward, headquartered in Fort Collins, Colorado, specializes in energy conversion and control solutions for the aerospace and industrial equipment markets. The company designs and manufactures fluid, combustion, electrical, propulsion and motion control systems. With a market capitalization of $15.2 billion and a current P/E ratio of 40.16, the company appears to be trading above its InvestingPro Fair Value.

The dividend announcement comes as part of the company’s regular quarterly financial activities. According to the press release statement, Woodward operates globally with a focus on systems that perform in challenging environments.

The quarterly dividend maintains the company’s ongoing commitment to returning value to shareholders while balancing other financial priorities. Woodward trades on the NASDAQ stock exchange under the ticker symbol WWD.

In other recent news, Woodward, Inc. has successfully completed its acquisition of Safran’s Electronics & Defense electromechanical actuation business, expanding its operations in the United States, Mexico, and Canada. This acquisition includes key technologies such as the Horizontal Stabilizer Trim Actuation systems for the Airbus A350. Additionally, Woodward has been selected by Airbus to supply the electro-hydraulic spoiler actuation system for the A350 aircraft, covering actuation systems for 12 of the 14 aircraft spoilers. In terms of financial analysis, Deutsche Bank recently upgraded Woodward’s stock from Hold to Buy, raising the price target to $291, highlighting the company’s strong positioning in key submarkets. Truist Securities also increased their price target for Woodward to $232, maintaining a Buy rating after a visit to the company’s Rock Cut Campus. UBS followed suit, lifting its price target to $220 while keeping a Buy rating, noting Woodward’s solid financial performance despite challenges. The company’s guidance for the second half of the fiscal year was described as conservative, with no expected sequential revenue growth. However, strength in the aftermarket sector and defense original equipment sales were highlighted as positive factors.

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