
Howmet Aerospace Inc.
HWMIndustrials · Stock · quarterly payer
Forward Yield
0.24%
Annual Dividend
$0.56
Payout Ratio
10%
5-Yr Growth
48.3%
Ex-Date
Aug 7, 2026
Frequency
Quarterly
Summary
As of September 2026, Howmet Aerospace Inc. (HWM) yields 0.24% ($0.56 per share annually), with a blended fair-value estimate of $163.75 — -29% downside, so it screens as overvalued. Dividend safety grade: B (66/100). 3 years of dividend growth.
Is HWM a good dividend stock?
Yes, with caveatsHowmet Aerospace Inc. (HWM) pays a quarterly dividend yielding 0.24% ($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
- 674% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 0.24%
- Payout Ratio
- 10%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 48.3%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.19
- Market Cap
- $91.6B
- P/E Ratio
- 49.5
- 5-Yr Total Return
- 674%
- 52-Week Range
- $183.83 – $310.00
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
HWM Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+421%
5 Years
+674%
52-Week Range
$183.83 – $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 $163.75 per share, versus a market price of $229.67. That implies 29% of downside.
Fair Value
$163.75
Current Price
$229.67
Downside
-29%
Margin of Safety
-40%
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 40.0% annual free-cash-flow growth. We model 18.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.2% discount rate (CAPM), 18.5% stage-1 growth, 2.5% terminal growth, $4.64 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 7, 2026 | — | $0.1400 | regular |
| May 8, 2026 | — | $0.1200 | regular |
| Feb 6, 2026 | — | $0.1200 | regular |
| Nov 7, 2025 | — | $0.1200 | regular |
| Aug 8, 2025 | — | $0.1200 | regular |
| May 9, 2025 | — | $0.1000 | regular |
| Feb 7, 2025 | — | $0.1000 | regular |
| Nov 8, 2024 | — | $0.0800 | regular |
| Aug 9, 2024 | — | $0.0800 | regular |
| May 9, 2024 | — | $0.0500 | regular |
| Feb 8, 2024 | — | $0.0500 | regular |
| Nov 9, 2023 | — | $0.0500 | regular |
| Aug 3, 2023 | — | $0.0400 | regular |
| May 4, 2023 | — | $0.0400 | regular |
Income Calculator
At $0.56 / yr per share
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