CSW Industrials, Inc. Increases Regular Quarterly Cash Dividend, Payable on May 10, 2024
April 12, 2024 at 08:32 am EDT
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The Board of Directors of CSW Industrials, Inc. declared a regular quarterly cash dividend of $0.21 per share. This represents an increase of $0.02 per share, or approximately 10.5%, as compared to the declared dividend in the prior quarter. The dividend is payable on May 10, 2024, to shareholders of record as of the close of business on April 26, 2024.
CSW Industrials, Inc. is a diversified industrial company with operations in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment manufactures efficiency and performance-enhancing products predominantly for residential and commercial heating, ventilation, air conditioning and refrigeration (HVAC/R) and plumbing applications, which are designed primarily for the professional trades. The Engineered Building Solutions segment provides primarily code-driven, life safety products that are engineered to provide solutions for the construction, refurbishment and modernization of commercial, institutional and multifamily residential buildings. The Specialized Reliability Solutions segment provides products for increasing the reliability, efficiency, performance and lifespan of industrial assets. The primary end markets it serves with its brands include HVAC/R, plumbing, general industrial, and others.