ETF Flows Report for 03/26/2013 Tuesday, March 26, 10:47 AM ET, by Market News Video Staff .porttr { font-family: Arial; font-size: 12pt; font-weight: bold; height: 24px; } .porttd1 { font-family: Arial; ...
ETF Flows Report for 03/27/2013 Wednesday, March 27, 10:47 AM ET, by Market News Video Staff .porttr { font-family: Arial; font-size: 12pt; font-weight: bold; height: 24px; } .porttd1 { font-family: Arial; ...
Cash Dividend On The Way From Masco Corp. (MAS) Monday, April 1, 10:44 AM ET, by Market News Video Staff On 4/3/13, Masco Corp. (MAS) will trade ex-dividend, for its quarterly dividend of $0.075, payable ...
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By Market News Video Staff, Wednesday, November 24, 1:02 PM ET
Armstrong World Industries (NYSE:AWI) said today it closed on a $1.05 billion senior secured credit facility, and declared a $13.74 per share special cash dividend.
The new credit facilities consists of a $250 million revolver, a $250 million term loan A, and a $550 million term loan B.
The special cash dividend will be pain December 10 to shareholders of record as of December 3.
The maker of windows and doors said the transactions complete its previously announced leveraged recapitalization plan.
Shares are trading up 2.75% Wednesday.
At 4.67% of the fund, Armstrong is a top five holdings of the SPDR S&P Homebuilders ETF (AMEX:XHB).
Other top stocks in the fund include Tempur Pedic (NYSE:TPX) , at 4.87% of the portfolio, Aarons (NYSE:AAN), at 4.83%, Pier 1 Imports (NYSE:PIR), 4.82% of the fund, and Williams-Sonoma (WSM), 4.51%.
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