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Data last updated: Oct 21, 2026
Snapshot (as of Oct 21, 2026): Howmet Aerospace Inc. (HWM) pays a $0.48 annual dividend ($0.14 quarterly), yielding 0.25% at $211.63/share. Next ex-dividend date 2026-11-06. 5 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.25%
Annual Dividend: $0.48 per share
Payout Ratio: 10.3%
Ex-Dividend Date: 2026-11-06
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 28
Howmet Aerospace Inc. dividend sits at a 0.25% yield, reflecting the company's identity as a precision manufacturer of engine airfoils, fastening systems, and forged aluminum wheels for aerospace and commercial transportation markets. Over the trailing twelve months, HWM paid $0.48 per share in dividends on a quarterly schedule, with the next ex-dividend date set for August 7, 2026. The last quarterly payment was $0.14 per share. With a beta of 1.204, HWM stock carries above-average market sensitivity, making it a better fit for growth-oriented dividend investors than those seeking steady income.
Howmet Aerospace Inc. pays out 10.3% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low retention of earnings relative to the dividend means the payout has substantial room to absorb earnings pressure without requiring a cut. Howmet Aerospace Inc. dividend safety benefits from this wide cushion, though the company's exposure to aerospace and commercial transportation cycles means earnings can move with industrial demand, which is the primary data-supported factor that could pressure the dividend over time.
Howmet Aerospace Inc. dividend history shows a CAGR of -4.6% per year from 2006 to 2025. Per share, the annual dividend moved from $1.0744 in 2006 to $0.44 in 2025, a net decline over the full window (with 2026 partial and excluded from the CAGR). The largest annual increase in the window was 70.0% in 2023, and the history also contains at least one year-over-year decline exceeding 5%, so growth has been anything but linear. For income investors, a negative long-run CAGR means the dividend has not kept pace with inflation over the full period, even accounting for the recent recovery.
| Period | CAGR | From | To |
|---|---|---|---|
| 10-Year | +7.4% | $0.21 (2015) | $0.44 (2025) |
HWM fits dividend investors who prioritize earnings coverage over income level. The yield is low (below 2%), currently at 0.25%, which is modestly above the 5-year average of 0.21% but still far below what most income-focused portfolios require. The 10.3% payout ratio means the dividend is well-covered, and five consecutive years of increases show a clear rebuilding trend after the cuts seen in 2019 through 2021. What an investor gains here is a highly covered, growing dividend tied to aerospace and commercial transportation demand. The trade-off is a yield too thin to generate meaningful income on its own.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-07 | $0.1400 |
| 2026-05-08 | $0.1200 |
| 2026-02-06 | $0.1200 |
| 2025-11-07 | $0.1200 |
| 2025-08-08 | $0.1200 |
| 2025-05-09 | $0.1000 |
| 2025-02-07 | $0.1000 |
| 2024-11-08 | $0.0800 |
| 2024-08-09 | $0.0800 |
| 2024-05-09 | $0.0500 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.3800 |
| 2025 | $0.4400 |
| 2024 | $0.2600 |
| 2023 | $0.1700 |
| 2022 | $0.1000 |
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