Trailing Dividend / Share
$1.27
Armstrong World Industries, Inc. (AWI) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.8%
Payout Ratio
17.9%
Sustainable
Dividend Streak
8 years
AWI Dividend Income Check
Safety
17.9% payout ratio with sustainable safety profile.
Consistency
8 straight years of dividend increases.
Income Trend
Yield on cost is 1.8% and trend is rising.
AWI Dividend Scorecard
Yield & Income
Dividend Yield0.8%
Trailing DPS$1.27
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout17.9%
Earnings SafetySustainable
FCF Payout21.8%
FCF SafetyWell Covered
Piotroski F-Score9/9
Growth
Growth Streak8 years
3Y CAGR10.1%
5Y CAGR9.3%
Yield on Cost (5Y)1.8%
YOC Trendrising
Total Returns
Buyback Yield1.8%
Total Shareholder Yield2.6%
1Y Total Return10.4%
5Y Total Return62.5%
Div Contribution (5Y)5.2%
Estimated $10K growth (return + dividends):
5Y ago$16,24610Y ago$40,80120Y ago$57,248
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AWI Income Growth Story
Dividend per share and yield on cost over time (12 years of payments)
AWI Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Armstrong World Industries, Inc. distributes 17.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 21.8%, rated "Well Covered".
Piotroski F-Score: 9/9 — strong financial health.
Growth Track Record
AWI has raised its dividend for 8 consecutive years, with a 3-year CAGR of 10.1% and 5-year CAGR of 9.3%.
Total Shareholder Returns
Beyond cash dividends, AWI returns capital through share repurchases. The combined picture: 0.8% dividend yield, 1.8% buyback yield, 2.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.8% and is currently rising. The 5-year total return is 62.5%, with dividends contributing 5.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $40,801 today.
AWI Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.52
Avg/Payment$0.2760
Latest Change+0.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 11, 2026Latest | $0.3400 | ↑ +0.3% | 78.71% | May 26, 2026 |
| Mar 5, 2026 | $0.3390 | — | 75.36% | Mar 19, 2026 |
| Nov 6, 2025 | $0.3390 | ↑ +10.1% | 67.51% | Nov 20, 2025 |
| Aug 7, 2025 | $0.3080 | — | 65.58% | Aug 21, 2025 |
| May 8, 2025 | $0.3080 | — | 79.45% | May 22, 2025 |
| Mar 6, 2025 | $0.3080 | — | 79.02% | Mar 20, 2025 |
| Nov 7, 2024 | $0.3080 | ↑ +10.0% | 75.27% | Nov 21, 2024 |
| Aug 8, 2024 | $0.2800 | — | 93.40% | Aug 22, 2024 |
AWI Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
0.8%
#3 of 6
Safety
Sustainable
17.9% payout
Streak
8Y
9.3% 5Y CAGR
Total Shareholder
2.6%
#3 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd AWIArmstrong World Indu… | $7.0B | 0.8% | 17.9% | 8 | Sustainable |
2nd  OCOwens Corning | $9.9B | 2.3% | — | 12 | Unknown |
 TILEInterface, Inc. | $1.6B | 0.2% | 3.1% | 1 | Sustainable |
1st  APOGApogee Enterprises, … | $770M | 2.9% | — | 14 | Unknown |
 VMCVulcan Materials Com… | $37.8B | 0.7% | 24.0% | 12 | Sustainable |
 MLMMartin Marietta Mate… | $36.6B | 0.5% | 17.3% | 11 | Sustainable |
AWI Annual Dividend History (1986–2026)
41 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.68 | — | 2 | — | — | — | 1.0% |
| 2025 | $1.26 | 10.0% | 4 | $7.08 | 17.8% | 5.61x | 1.8% |
| 2024 | $1.15 | 10.2% | 4 | $6.02 | 19.1% | 5.24x | 1.6% |
| 2023 | $1.04 | 10.0% | 4 | $4.99 | 20.9% | 4.79x | 1.5% |
| 2022 | $0.95 | 10.0% | 4 | $4.30 | 22.0% | 4.54x | 1.3% |
| 2021 | $0.86 | 6.3% | 4 | $3.82 | 22.5% | 4.44x | 1.2% |
| 2020 | $0.81 | 11.7% | 4 | $-1.76 | — | — | 1.1% |
| 2019 | $0.72 | 314.3% | 4 | $4.85 | 14.9% | 6.69x | 1.0% |
| 2018 | $0.17 | — | 1 | $3.57 | 4.9% | 20.40x | 0.2% |
| 2017 | $0.00 | — | 0 | $2.21 | — | — | — |
See AWI's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonAWI — Frequently Asked Questions
Quick answers to the most common questions about buying AWI stock.
How much dividend does AWI pay per share?
Armstrong World Industries, Inc. (AWI) pays a trailing 12-month dividend of $1.27 per share, with a current dividend yield of +0.8%. Payments are made Semi-Annual.
When is AWI's next ex-dividend date?
AWI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AWI typically pays dividends Semi-Annual.
Is AWI's dividend safe?
AWI's dividend safety is rated "Sustainable" based on an earnings payout ratio of +17.9% and FCF payout ratio of +21.8%. The 8-year growth streak provides moderate confidence.
Is AWI a Dividend Payer?
Yes, Armstrong World Industries, Inc. is classified as a Dividend Payer with 8 consecutive years of dividend increases. The 5-year dividend CAGR is +9.3%, demonstrating above-inflation dividend growth.
How often does AWI pay dividends?
Armstrong World Industries, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.27 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in AWI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AWI five years ago would be worth approximately $16,246 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AWI's yield on cost for long-term holders?
AWI's yield on cost — the current dividend divided by the original purchase price — is +1.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.8% market yield, thanks to consistent dividend growth.