Armstrong World Industries, Inc. (NYSE: AWI) announced on October 21, 2026, that its Board of Directors has approved a 10% increase in the company's quarterly cash dividend. The new dividend rate is set at $0.373 per share of common stock.

The increased dividend is scheduled to be paid on November 19, 2026, to stockholders of record as of the close of business on November 5, 2026.

According to the company, this marks the eighth consecutive annual increase in the dividend since the program's inception in 2018. Senior Vice President and CFO Chris Calzaretta stated that the increase reflects the Board’s continued confidence in the company's growth strategy and its ability to consistently generate adjusted free cash flow growth.

The company noted that the declaration and payment of future dividends and capital allocations will remain at the discretion of the Board of Directors, subject to factors such as financial position, results of operations, and cash flow.

Armstrong World Industries, Inc. is an Americas leader in the design and manufacture of interior and exterior architectural applications, including ceilings, specialty walls, and exterior metal solutions. For the year 2025, the company reported $1.6 billion in revenue and employs approximately 4,000 people across a manufacturing network of 24 facilities, plus seven facilities dedicated to its WAVE joint venture.