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FORT COLLINS, Colo. - Woodward, Inc. (NASDAQ:WWD), a company specializing in energy conversion and control solutions, has declared a quarterly cash dividend of $0.28 per share. This dividend is slated for distribution on June 5, 2025, to shareholders on record as of May 22, 2025. According to InvestingPro data, Woodward has maintained dividend payments for 53 consecutive years, with dividend growth of 27.3% over the last twelve months.
Woodward’s presence spans across the aerospace and industrial equipment sectors, where it offers a range of fluid, combustion, electrical, propulsion, and motion control systems. Operating globally with a base in Fort Collins, Colorado, the company’s products are known for their performance in challenging environments. With a market capitalization of $10.8 billion and annual revenue of $3.3 billion, Woodward maintains strong financial health, as indicated by its current ratio of 1.89 and moderate debt levels.
The announcement of the dividend follows Woodward’s commitment to providing returns to its investors. However, the company’s press release also included a customary forward-looking statement disclaimer, noting that actual results could vary from projections due to risks and uncertainties. This is a standard caution for investors, reminding them that future financial outcomes cannot be guaranteed.
Woodward’s financial performance and projections are detailed in its Annual Report and Form 10-K for the year ended September 30, 2024, as well as in subsequent Quarterly Reports on Form 10-Q.
Investors and those interested in the company’s financial strategies can find more information in these reports. This dividend declaration is based on a press release statement from Woodward, Inc. and reflects the company’s latest financial decisions regarding shareholder returns.
In other recent news, Woodward, Inc. reported its first quarter fiscal year 2025 results, which surpassed earnings expectations but fell short on revenue. The company posted adjusted earnings per share of $1.35, exceeding the analyst estimate of $1.17, while revenue for the quarter was $773 million, slightly below the consensus estimate of $774.17 million. Despite the revenue miss, Woodward reaffirmed its fiscal year 2025 revenue guidance of $3.3-3.5 billion and narrowed its adjusted earnings per share guidance to $5.85-6.25. UBS analyst Gavin Parsons raised the price target for Woodward to $232 and maintained a Buy rating, citing the company’s strong performance in most metrics and strategic positioning in the Aerospace sector.
Additionally, Woodward announced a 12% increase in its quarterly cash dividend, raising it from $0.25 to $0.28 per share, reflecting confidence in its financial health. The company also held its 2024 Annual Meeting of Stockholders, where key proposals were approved, including the election of directors and the ratification of Deloitte & Touche LLP as the independent accounting firm. These approvals indicate shareholder confidence in Woodward’s governance and executive compensation practices. Woodward’s recent developments highlight its strategic focus on long-term value pricing and investments in automation, which have contributed to improved margins.
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