$162.68+0.75 (+0.46%)
At close: Oct 1, 2026, 4:00 PM ET
Armstrong World Industries Inc. · Dividends
Will the dividend keep being paid (and keep growing) or is the yield a trap? Graded on coverage, never the headline number.
Dividend-safety grade (a label over a receipt)
A
8 / 9
Coverage over headline yield. Recompute the letter yourself from the readings below.
| Input | Reading | Band boundary | Points |
|---|---|---|---|
| FCF payout | 22.4% | ≤60% +2 · ≤80% +1 | +2 / 2 |
| Annual raise streak | 7 yrs | ≥10y +2 · ≥5y +1 | +1 / 2 |
| No cut (10y) | No cut on record | no cut in 10y +2 | +2 / 2 |
| DPS growth (5y) | +10.1%/yr | ≥5%/yr +1 | +1 / 1 |
| Balance sheet | ND/EBITDA 0.5× · Altman 7.8 | ND/EBITDA ≤3 +1 · Altman ≥3 +1 | +2 / 2 |
Bands: A+ ≥9 · A ≥7 · B ≥5 · C ≥3 · D ≥1 · F ≥0 (of 9)
7y of dividend history · as of 2026-09-25 · nightly dividend-facts engine (v1)
YIELD
0.78%
ANNUAL / SH
$1.26
PAYOUT (EPS)
18%
PAYMENTS IN FEED
12
Recent payments (as-paid)
| Ex-date | Amount | Adj amount | Yield / payment | Frequency |
|---|---|---|---|---|
| Aug 5, 2026 | $0.339 | $0.339 | 0.19% | Quarterly |
| May 11, 2026 | $0.339 | $0.339 | 0.21% | Quarterly |
| Mar 5, 2026 | $0.339 | $0.339 | 0.20% | Quarterly |
| Nov 6, 2025 | $0.339 | $0.339 | 0.18% | Quarterly |
| Aug 7, 2025 | $0.308 | $0.308 | 0.16% | Quarterly |
| May 8, 2025 | $0.308 | $0.308 | 0.21% | Quarterly |
| Mar 6, 2025 | $0.308 | $0.308 | 0.20% | Quarterly |
| Nov 7, 2024 | $0.308 | $0.308 | 0.20% | Quarterly |
| Aug 8, 2024 | $0.280 | $0.280 | 0.24% | Quarterly |
| May 8, 2024 | $0.280 | $0.280 | 0.24% | Quarterly |
| Feb 28, 2024 | $0.280 | $0.280 | 0.23% | Quarterly |
| Nov 1, 2023 | $0.280 | $0.280 | 0.37% | Quarterly |
adjDividend is split-aware; the amount column shows raw as-paid. Pay dates are not available.
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Yield-trap ruleA falling price inflates yield. A high yield is usually a warning, not a reward.
✓
Recompute the letter yourselfEvery input, reading, band boundary and point above is shown — the grade is a label over a receipt.
The safety grade reads the durability of the dividend, not whether the stock is worth owning · Not investment advice.