Woodward, Inc. (WWD) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
WWD Dividend Income Check
Safety
14.7% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 0.9% and trend is rising.
WWD Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
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.
WWD Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
WWD Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Woodward, Inc. distributes 14.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 16.2%, rated "Well Covered".
Piotroski F-Score: 9/9 — strong financial health.
Growth Track Record
WWD has raised its dividend for 5 consecutive years, with a 3-year CAGR of 13.8% and 5-year CAGR of 16.4%.
Total Shareholder Returns
Beyond cash dividends, WWD returns capital through share repurchases. The combined picture: 0.3% dividend yield, 0.8% buyback yield, 1.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.9% and is currently rising. The 5-year total return is 206.2%, with dividends contributing 3.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $71,720 today.
WWD Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 21, 2026Latest | $0.3200 | — | 33.06% | Jun 4, 2026 |
| Feb 19, 2026 | $0.3200 | ↑ +14.3% | 29.67% | Mar 5, 2026 |
| Nov 20, 2025 | $0.2800 | — | 43.31% | Dec 4, 2025 |
| Aug 21, 2025 | $0.2800 | — | 43.98% | Sep 4, 2025 |
| May 22, 2025 | $0.2800 | — | 51.46% | Jun 5, 2025 |
| Feb 20, 2025 | $0.2800 | ↑ +12.0% | 54.21% | Mar 6, 2025 |
| Nov 21, 2024 | $0.2500 | — | 57.96% | Dec 5, 2024 |
| Aug 22, 2024 | $0.2500 | — | 60.95% | Sep 5, 2024 |
WWD Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd | $22.8B | 0.3% | 14.7% | 5 | Sustainable |
| $27.4B | 0.1% | 7.2% | 10 | Sustainable | |
2nd | $11.1B | 0.9% | 34.5% | 0 | Sustainable |
1st | $69.7B | 13.4% | 4.6% | 2 | Sustainable |
| $25.0B | 0.1% | 4.6% | 10 | Sustainable | |
| $4.4B | 0.2% | 15.4% | 0 | Sustainable |
WWD Annual Dividend History (1994–2026)
33 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.64 | — | 2 | — | — | — | 0.5% |
| 2025 | $1.12 | 12.0% | 4 | $7.19 | 15.6% | 6.42x | 0.9% |
| 2024 | $1.00 | 13.6% | 4 | $6.01 | 16.6% | 6.01x | 0.8% |
| 2023 | $0.88 | 15.8% | 4 | $3.78 | 23.3% | 4.30x | 0.7% |
| 2022 | $0.76 | 16.9% | 4 | $2.71 | 28.0% | 3.57x | 0.6% |
| 2021 | $0.65 | 24.1% | 4 | $3.18 | 20.4% | 4.89x | 0.5% |
| 2020 | $0.52 | -19.4% | 4 | $3.74 | 14.0% | 7.14x | 0.4% |
| 2019 | $0.65 | 14.0% | 4 | $4.03 | 16.1% | 6.20x | 0.5% |
| 2018 | $0.57 | 14.0% | 4 | $2.82 | 20.2% | 4.95x | 0.5% |
| 2017 | $0.50 | 13.6% | 4 | $3.16 | 15.8% | 6.32x | 0.4% |
Full WWD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WWD's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonWWD — Frequently Asked Questions
Quick answers to the most common questions about buying WWD stock.
How much dividend does WWD pay per share?
Woodward, Inc. (WWD) pays a trailing 12-month dividend of $1.06 per share, with a current dividend yield of +0.3%. Payments are made Semi-Annual.
When is WWD's next ex-dividend date?
WWD's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WWD typically pays dividends Semi-Annual.
Is WWD's dividend safe?
WWD's dividend safety is rated "Sustainable" based on an earnings payout ratio of +14.7% and FCF payout ratio of +16.2%. The 5-year growth streak provides moderate confidence.
Is WWD a Dividend Payer?
Yes, Woodward, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +16.4%, demonstrating above-inflation dividend growth.
How often does WWD pay dividends?
Woodward, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.06 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in WWD grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WWD five years ago would be worth approximately $30,619 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WWD's yield on cost for long-term holders?
WWD's yield on cost — the current dividend divided by the original purchase price — is +0.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.3% market yield, thanks to consistent dividend growth.