Please ensure Javascript is enabled for purposes of website accessibility

Curtiss-Wright Declares Fresh Dividend

By Eric Volkman – Sep 26, 2013 at 10:46PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The company matches its previous payout.

Curtiss-Wright (CW -1.26%) has elected to stick with its existing dividend policy for the time being. The company declared a quarterly distribution of $0.10 per share, to be paid on October 18 to shareholders of record as of October 7. That amount matches its previous payout, which was dispensed in July. Prior to that, it handed out $0.01 less, or $0.09 per share.

The just-declared dividend is Curtiss-Wright's first since it announced at the beginning of August the resignation of longtime CEO Martin Benante.

The upcoming distribution annualizes to $0.40 per share. That yields 0.8% at Curtiss-Wright's most recent closing stock price of $47.74.

Fool contributor Eric Volkman has no position in Curtiss-Wright, and neither does The Motley Fool. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Curtiss-Wright Stock Quote
Curtiss-Wright
CW
$175.45 (-1.26%) $-2.24

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
351%
 
S&P 500 Returns
115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 11/30/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.