Looking at the universe of stocks we cover at Dividend Channel, on 8/5/20, Armstrong World Industries Inc (Symbol: AWI) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 8/20/20. As a percentage of AWI's recent stock price of $70.93, this dividend works out to approximately 0.28%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AWI is likely to continue, and whether the current estimated yield of 1.13% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AWI shares, versus its 200 day moving average:
Looking at the chart above, AWI's low point in its 52 week range is $62.03 per share, with $111.46 as the 52 week high point — that compares with a last trade of $71.19.
In Monday trading, Armstrong World Industries Inc shares are currently off about 0.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.