The Board of Directors of Howmet Aerospace Inc. declared a quarterly dividend of 10 cents per share on the company's outstanding Common Stock on January 27, 2025. This dividend is scheduled for payment on February 25, 2025, to shareholders of record as of the close of business on February 7, 2025.
This declaration represents a 25% increase from the prior dividend of $0.08 per share paid in the fourth quarter of 2024. The increase aligns with the company's previously stated intention to enhance shareholder returns.
The dividend hike reflects Howmet Aerospace's strong financial health and its commitment to disciplined capital allocation. This move reinforces confidence in the company's ability to generate substantial free cash flow to support both growth investments and shareholder distributions.
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