CSWI CSW Industrials

CSW Industrials Increases Quarterly Dividend by 10.5% to $0.21 Per Share

CSW Industrials Increases Quarterly Dividend by 10.5% to $0.21 Per Share

DALLAS, April 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.21 per share. This represents an increase of $0.02 per share, or approximately 10.5%, as compared to the declared dividend in the prior quarter. The dividend is payable on May 10, 2024, to shareholders of record as of the close of business on April 26, 2024.

“We are pleased to announce another increase in our quarterly dividend, reflecting our strong balance sheet, cash flows and profitability. Over the past five years, we have returned $143 million in cash to our shareholders through share repurchases and dividends, while delivering impressive growth, both organically and through acquisitions,” said Joseph B. Armes, CSW Industrials Chairman, President, and Chief Executive Officer.

Details
Dividend Amount:$0.21
Record Date:April 26, 2024
Payable Date:May 10, 2024
  

About CSW Industrials

CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, general industrial, architecturally-specified building products, energy, mining, and rail. For more information, please visit

Investor Relations

Alexa Huerta

Vice President of Investor Relations and Treasurer

214-489-7113



EN
12/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CSW Industrials

 PRESS RELEASE

CSW Industrials Increases Quarterly Dividend by 10.5% to $0.21 Per Sha...

CSW Industrials Increases Quarterly Dividend by 10.5% to $0.21 Per Share DALLAS, April 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CSW Industrials, Inc. (Nasdaq: CSWI) today declared a regular quarterly cash dividend of $0.21 per share. This represents an increase of $0.02 per share, or approximately 10.5%, as compared to the declared dividend in the prior quarter. The dividend is payable on May 10, 2024, to shareholders of record as of the close of business on April 26, 2024. “We are pleased to announce another increase in our quarterly dividend, reflecting our strong balan...

CSW Industrials Inc: 1 director

A director at CSW Industrials Inc sold 7,826 shares at 230.901USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...

 PRESS RELEASE

CSW Industrials Deploys Over $30 Million, Executing on Acquisition Str...

CSW Industrials Deploys Over $30 Million, Executing on Acquisition Strategy in HVAC/R and Plumbing End Markets, With Focus on Indoor Air Quality Investment Highlights Capital investment of $27.4 million for acquisition of Dust Free®, which offers an extensive line of patented products for residential and commercial indoor air quality and HVAC applicationsValuation represents 7.5x Dust Free’s trailing twelve-months’ EBITDA, excluding future earn-outs, which if achieved would be incrementally accretive to CSWIClosed on two smaller acquisitions, totaling $2.9 million, in plumbing end marketEx...

 PRESS RELEASE

CSW Industrials Appoints Jeff Underwood as Incoming Senior Vice Presid...

CSW Industrials Appoints Jeff Underwood as Incoming Senior Vice President of CSWI and General Manager of its Contractor Solutions Segment DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI or the “Company”) announced that Jeff Underwood has been appointed Senior Vice President of CSWI and General Manager, Contractor Solutions, reporting to Joseph B. Armes, CSW Industrial’s Chairman, Chief Executive Officer, and President, effective April 1, 2024.   Mr. Underwood, who joined CSWI in 2018 and currently leads sales and marketing for the Contractor Solutions segment...

 PRESS RELEASE

CSW Industrials Reports Fiscal 2024 Third Quarter and Year-to-Date Res...

CSW Industrials Reports Fiscal 2024 Third Quarter and Year-to-Date Results with Record Revenue, Adjusted EPS, and Adjusted EBITDA in Each Reporting Period DALLAS, Feb. 01, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI or the "Company") today reported record results for the fiscal 2024 third quarter and nine-month fiscal year-to-date periods ended December 31, 2023. Fiscal 2024 Third Quarter Highlights (comparisons to fiscal 2023 third quarter) Total revenue increased 2% to $175.0 million due to organic growthNet income attributable to CSWI of $9.2 million, or $16.7 millio...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch