Babcock & Wilcox Enterprises Declares Dividend on Preferred Stock

On December 11, 2024, Babcock & Wilcox Enterprises, Inc. announced the approval of a dividend payment on its outstanding 7.75% Series A Cumulative Perpetual Preferred Stock. The board of directors declared a dividend of $0.4843750 per share of the Preferred Stock. The record date for the dividend is set for December 21, 2024, with a payment date scheduled for December 31, 2024.

Babcock & Wilcox Enterprises, Inc., a Delaware corporation, is listed on the New York Stock Exchange under the symbol “BW PRA.” This announcement highlights the company’s commitment to providing returns to its Preferred Stock shareholders.

Louis Salamone, the Executive Vice President and Chief Financial Officer of Babcock & Wilcox Enterprises, Inc., signed off on the report on December 12, 2024, meeting the Securities Exchange Act of 1934 requirements. This decision reinforces the company’s strategy to enhance shareholder value through dividends on its Preferred Stock.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Babcock & Wilcox Enterprises’s 8K filing here.

Babcock & Wilcox Enterprises Company Profile

Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.