Curtiss-Wright Co. (CW) to Issue Quarterly Dividend of $0.17 on December 3rd

Curtiss-Wright Co. (NYSE:CW) declared a quarterly dividend on Wednesday, November 18th, Fidelity reports. Shareholders of record on Wednesday, November 25th will be paid a dividend of 0.17 per share by the aerospace company on Thursday, December 3rd. This represents a $0.68 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Tuesday, November 24th.

Curtiss-Wright has increased its dividend by 26.9% over the last three years and has increased its dividend annually for the last 1 consecutive years.

Shares of NYSE:CW opened at $116.36 on Friday. Curtiss-Wright has a 1 year low of $70.56 and a 1 year high of $149.90. The business has a 50 day simple moving average of $96.56 and a two-hundred day simple moving average of $95.87. The firm has a market capitalization of $4.83 billion, a PE ratio of 20.85 and a beta of 1.34. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.37 and a quick ratio of 1.68.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, October 28th. The aerospace company reported $1.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.32. Curtiss-Wright had a return on equity of 16.15% and a net margin of 9.96%. Equities research analysts expect that Curtiss-Wright will post 6.83 EPS for the current fiscal year.

In other Curtiss-Wright news, CEO David Charles Adams sold 2,500 shares of the company’s stock in a transaction on Monday, November 16th. The stock was sold at an average price of $112.00, for a total transaction of $280,000.00. Following the completion of the sale, the chief executive officer now owns 57,556 shares in the company, valued at $6,446,272. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.73% of the stock is owned by corporate insiders.

Several research analysts have issued reports on CW shares. TheStreet upgraded Curtiss-Wright from a “c” rating to a “b-” rating in a research report on Monday, November 9th. ValuEngine upgraded Curtiss-Wright from a “sell” rating to a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $120.25.

About Curtiss-Wright

Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide. The company operates through three segments: Commercial/Industrial, Defense, and Power.

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Dividend History for Curtiss-Wright (NYSE:CW)

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