Westinghouse Air Brake (WAB) Boosts Dividend by 24%

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Westinghouse Air Brake Technologies Corporation (WAB) has announced a 24% increase in its quarterly dividend, raising it to $0.31 per share, reflecting strong financial health and a commitment to shareholder value. The company, a significant player in the Industrials sector, demonstrates robust profitability and liquidity. Despite positive market sentiment and strong institutional ownership, investors should monitor its high valuation, insider selling trends, and the company’s ROIC being below its WACC.

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