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14.05.26 - 14:06
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Curtiss-Wright Announces 10th Consecutive Year of Dividend Increase; Raises Quarterly Dividend by 8% to $0.26 Per Share (Business Wire)
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DAVIDSON, N.C.--(BUSINESS WIRE)--$CW--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors has authorized and declared an 8% increase in the quarterly dividend, from twenty-four cents ($0.24) per share to twenty-six cents ($0.26) per share, payable July 6, 2026, to stockholders of record as of June 15, 2026. This increase results in an annualized equivalent dividend rate of $1.04 per share.
"This marks the 10th consecutive year that Curtiss-Wright has increased its dividend,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “We believe in providing consistent returns to our shareholders through ongoing share repurchases and are committed to steadily increasing our dividend in alignment with our long-term sales growth. In addition, under our disciplined capital allocation strategy, we remain dedicated to pursuing strategic acquisitions as an accelerator to organic growth, while also targeting operational investments with the highest returns, to drive ...
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06.05.26 - 22:39
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Curtiss-Wright Reports First Quarter 2026 Financial Results and Raises Full-Year 2026 Guidance for Sales, Operating Margin, EPS and Free Cash Flow (Business Wire)
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DAVIDSON, N.C.--(BUSINESS WIRE)--$CW--Curtiss-Wright Corporation (NYSE: CW) today announced its financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Highlights:
Reported sales of $914 million, up 13%, operating income of $160 million, up 23%, operating margin of 17.5%, and diluted earnings per share (EPS) of $3.46;
Adjusted operating income of $160 million, up 20%;
Adjusted operating margin of 17.6%, up 100 basis points;
Adjusted diluted EPS of $3.48, up 23%; and
New orders of $1.2 billion, up 16%, reflecting a 1.3x book-to-bill.
Raised Full-Year 2026 Adjusted Financial Outlook:
Sales guidance increased to new range of 7% to 8% growth (previously 6% to 8%), which continues to reflect growth in the majority of Curtiss-Wright's end markets;
Operating income guidance increased to new range of 9% to 12% growth (previously 8% to 11%);
Operating margin guidance range increased to new range of 19.0% to 19.2%, representing an increase of 40 to 60 basis points compared with the prior y...
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