
Howmet Aerospace (HWM) Dividend
Howmet Aerospace Inc. · Industrials · Aerospace & Defense · quarterly payer
As of Nov 5, 2026, Howmet Aerospace (HWM) pays a quarterly dividend of $0.14 per share, or $0.56 a year, a 0.26% yield at its $206.71 share price. The next ex-dividend date is Nov 6, 2026, paid Nov 25, 2026. It has raised its dividend 3 years in a row and has a dividend safety grade of B.
Forward Yield
0.26%
Annual Dividend
$0.56
Payout Ratio
10%
5-Yr Growth
48.3%
Ex-Date
Nov 6, 2026
Frequency
Quarterly
Key facts about HWM's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Howmet Aerospace Inc. (HWM) has a forward dividend yield of 0.26%, based on an annual dividend of $0.56 per share and a share price of $206.71.
- As of Nov 5, 2026, HWM's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Howmet Aerospace Inc. (HWM) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
- HWM last cut its regular dividend in 2019.
- HWM's next ex-dividend date is Nov 6, 2026, with payment on Nov 25, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, HWM pays out 10% of its trailing 12-month earnings as dividends (its payout ratio).
- HWM's dividend has grown at an average rate of 48.3% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HWM is $133.24 per share, 36% below the $206.71 share price, so HWM screens as overvalued.
- Howmet Aerospace Inc. (HWM) pays its dividend quarterly, 4 times a year.
- Howmet Aerospace Inc. (HWM) has raised its regular dividend 7 times and cut it 1 time across the 35 payments on record since 2016. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on Aug 7, 2026. The last cut went ex-dividend on May 2, 2019.
Cite this page
SmarterDividends, "HWM Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HWM
Is HWM a good dividend stock?
Yes, with caveatsHowmet Aerospace Inc. (HWM) pays a quarterly dividend yielding 0.26% ($0.56/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (10%)
- Strong 48.3% 5-yr dividend growth
- 608% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 0.26%
- Payout Ratio
- 10%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 48.3%
- Ex-Dividend Date
- Nov 6, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.29
- Market Cap
- $82.2B
- P/E Ratio
- 40.5
- 5-Yr Total Return
- 608%
- 52-Week Range
- $183.52 – $310.00
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2019)
HWM dividend raises and cuts
Howmet Aerospace Inc. (HWM) has raised its regular dividend 7 times and cut it 1 time across the 35 payments on record since 2016. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on Aug 7, 2026. The last cut went ex-dividend on May 2, 2019.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 7, 2026 | Raise | $0.120 → $0.140 | +16.7% |
| Aug 8, 2025 | Raise | $0.100 → $0.120 | +20.0% |
| Feb 7, 2025 | Raise | $0.0800 → $0.100 | +25.0% |
| Aug 9, 2024 | Raise | $0.0500 → $0.0800 | +60.0% |
| Nov 9, 2023 | Raise | $0.0400 → $0.0500 | +25.0% |
| Nov 3, 2022 | Raise | $0.0200 → $0.0400 | +100.0% |
| Aug 5, 2021 | Raise | $0.0153 → $0.0200 | +30.4% |
| May 2, 2019 | Cut | $0.0460 → $0.0153 | −66.7% |
Frequently Asked Questions
Is HWM a good dividend stock?
Yes, with caveats. Howmet Aerospace Inc. (HWM) pays a quarterly dividend yielding 0.26% ($0.56/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Is HWM undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HWM's fair value is about $133.24 versus a $206.71 share price — so it looks overvalued (-36% vs. fair value).
Is HWM's dividend safe?
HWM has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2019, debt and yield-versus-history.
What is HWM's fair value?
Our blended fair-value estimate for HWM is about $133.24 per share, about 36% below the current $206.71 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HWM a buy, hold, or sell?
We don't issue formal ratings, but on the data HWM screens as "yes, with caveats" and overvalued. Howmet Aerospace Inc. (HWM) pays a quarterly dividend yielding 0.26% ($0.56/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will HWM cut its dividend?
HWM earns a dividend-safety grade of B (66/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does HWM pay a dividend?
Yes. Howmet Aerospace Inc. pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 0.26%.
How much dividend does 100 shares of HWM pay?
At $0.56 per share a year, 100 shares of HWM pay $56.00 a year in dividends before tax, about $14.00 each quarter. Buying them costs about $20,671 at the Nov 5, 2026 price.
What is HWM's dividend yield?
As of Nov 5, 2026, HWM's forward dividend yield is 0.26%, based on a $0.56 annual dividend and a $206.71 share price.
What is HWM's dividend per share?
As of Nov 5, 2026, HWM pays $0.56 per share per year, distributed on a quarterly basis.
What is HWM's dividend payout ratio?
As of Nov 5, 2026, HWM's payout ratio is 10% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has HWM grown its dividend?
As of Nov 5, 2026, HWM has increased its dividend for 3 consecutive years.
When is the next HWM ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for HWM is Nov 6, 2026.
HWM Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
+279%
5 Years
+608%
52-Week Range
$183.52 – $310.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HWM worth?
Overvaluedlow confidenceOur blended fair-value estimate for Howmet Aerospace Inc. is $133.24 per share, versus a market price of $206.71. That implies 36% of downside.
Fair Value
$133.24
Current Price
$206.71
Downside
-36%
Margin of Safety
-55%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 37.5% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $5.10 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HWM Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full HWM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | Aug 25, 2026 | $0.1400 | regular |
| May 8, 2026 | May 26, 2026 | $0.1200 | regular |
| Feb 6, 2026 | Feb 25, 2026 | $0.1200 | regular |
| Nov 7, 2025 | Nov 25, 2025 | $0.1200 | regular |
| Aug 8, 2025 | Aug 25, 2025 | $0.1200 | regular |
| May 9, 2025 | May 27, 2025 | $0.1000 | regular |
| Feb 7, 2025 | Feb 25, 2025 | $0.1000 | regular |
| Nov 8, 2024 | Nov 25, 2024 | $0.0800 | regular |
| Aug 9, 2024 | Aug 26, 2024 | $0.0800 | regular |
| May 9, 2024 | May 28, 2024 | $0.0500 | regular |
| Feb 8, 2024 | Feb 26, 2024 | $0.0500 | regular |
| Nov 9, 2023 | Nov 27, 2023 | $0.0500 | regular |
| Aug 3, 2023 | Aug 25, 2023 | $0.0400 | regular |
| May 4, 2023 | May 25, 2023 | $0.0400 | regular |
Income Calculator
At $0.56 / yr per share
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