Armstrong World Industries Declares Cash Dividend for Fourth Quarter 2019
February 19 2020 - 04:30PM
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 declared a cash dividend
of $0.20 per share for the fourth quarter of 2019.
The dividend will be paid on March 20, 2020, to
shareholders of record as of the close of business on March 5,
2020.
The declaration and payment of future dividends and capital
allocations will be at the discretion of the Board of Directors and
will be dependent upon, among other things, the company's financial
position, results of operations and cash flow.
Uncertainties Affecting Forward-Looking
Statements
Disclosures in this release, including without limitation, those
relating to future financial results, future dividends or capital
allocation, market conditions and guidance, and in our other public
documents and comments, contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Those statements provide our future expectations or forecasts
and can be identified by our use of words such as “anticipate,”
“estimate,” “expect,” “project,” “intend,” “plan,” “believe,”
“outlook,” “target,” “predict,” “may,” “will,” “would,” “could,”
“should,” “seek,” and other words or phrases of similar meaning in
connection with any discussion of future operating or financial
performance. Forward-looking statements, by their nature, address
matters that are uncertain and involve risks because they relate to
events and depend on circumstances that may or may not occur in the
future. As a result, our actual results may differ materially from
our expected results and from those expressed in our
forward-looking statements. A more detailed discussion of the risks
and uncertainties that could cause our actual results to differ
materially from those projected, anticipated or implied is included
in the “Risk Factors” and “Management’s Discussion and Analysis”
section of our report on Forms 10-K and 10-Q filed with
the U.S. Securities and Exchange Commission. Forward-looking
statements speak only as of the date they are made. We undertake no
obligation to update any forward-looking statements beyond what is
required under applicable securities law.
About Armstrong
Armstrong World Industries, Inc. (AWI) is a leader in the design
and manufacture of innovative commercial and residential ceiling,
wall and suspension system solutions in the Americas. With
approximately $1B in revenue, AWI has about 2,500 employees and a
manufacturing network of twelve facilities plus five plants
dedicated to its WAVE joint venture. For more information,
visit www.armstrongceilings.com.
Contacts
Investors: Thomas Waters, twaters@armstrongceilings.com or (717) 396-6354
Media: Jennifer Johnson, jenniferjohnson@armstrongceilings.com or (866) 321-6677
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