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Stock impact report

Armstrong World Industries Announces Initiation of Quarterly Dividend

Armstrong World Industries Inc (AWI) 
Last armstrong world industries inc earnings: 4/27 06:00 am Check Earnings Report
US:NYSE Investor Relations: armstrong.com/home/ir.html
Company Research Source: GlobeNewswire
LANCASTER, Pa., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, today announced that its Board of Directors has approved the initiation of a dividend program under which the company will pay a regular quarterly cash dividend of $0.175 per share ($0.70 per share on an annualized basis) to shareholders. The first dividend will be paid on December 14, 2018, to shareholders of record as of the close of business on December 4, 2018. "The decision by the Board to initiate a dividend represents a meaningful milestone in our evolution and again demonstrates confidence in our strong operating performance, industry leading free cash flow generation and positive long-term financial outlook," said Vic Grizzle, President and CEO of Armstrong. "The addition of quarterly dividends to our ongoing share repurchase program underscores our co Show less Read more
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