Armstrong World Industries raised its dividend to $0.28/share and saw a 2.6% revenue increase.

Armstrong World Industries (AWI) raised its dividend to $0.28 per share, maintaining its reliable and sustainable payout. The company's dividend yield is 0.92%, with a consensus target price of $98.29. It reported a 2.6% revenue increase and a 17.28% net margin. Analysts have an average rating of Hold, with Truist Financial increasing its target price to $131, and UBS Group upgrading AWI from a sell to a neutral rating with a $103 target price.

February 24, 2024
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