Curtiss-Wright Raises Quarterly Dividend to 26 Cents

Curtiss-Wright Corporation (CW) raised its quarterly dividend to $0.26 per share from $0.24, an 8.33% increase, with the stock trading ex-dividend on June 15, 2026.

The new payout implies an annual dividend of $1.04 per share. Based on the locked share price of $762.59, the forward annual yield is 0.14%. The increase marks Curtiss-Wright's ninth consecutive year of dividend growth.

Curtiss-Wright, an Industrials company with a market value of about $28.17 billion, supplies advanced engineering systems across aerospace, defense and nuclear markets. Investor's Business Daily described the Davidson, North Carolina-based company as an integrated engineering firm with a portfolio that includes control and electrical systems, aircraft modeling and simulation systems, propulsion systems and related components. Source

Business Context

The dividend increase follows a period of solid demand across several of Curtiss-Wright's core markets. IBD reported that the company posted record fourth-quarter results, with growth supported by defense electronics as well as naval and power equipment, and entered 2026 with a sizable backlog. The same report said Curtiss-Wright projected higher sales and earnings for 2026, reflecting continued demand in defense, aerospace and nuclear-related businesses. Source

Recent contract activity has also supported the company's defense profile. In February, IBD reported that Boeing selected Curtiss-Wright to provide mission computer technology for the C-17A flight-deck modernization program, with Curtiss-Wright's role carrying an estimated lifetime value of more than $400 million. Source

The company's dividend record has not been uninterrupted over the long term. Curtiss-Wright previously cut its dividend in 1991, but the latest increase extends the current growth streak to nine years. SmarterDividends assigns the payout a dividend safety score of 97 out of 100, or an A grade.

What It Means for Income Investors

For income-focused investors, the action modestly raises the cash payout while leaving Curtiss-Wright's yield low relative to many dividend-oriented equities. The yield profile suggests the stock remains more closely tied to earnings growth, defense and aerospace demand, and capital appreciation than to current income. Still, the latest increase adds another year to the company's dividend-growth record and signals continued board willingness to return cash to shareholders.