FORT COLLINS, Colo., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board
of Directors declared a cash dividend of $0.125 per share for the quarter, an increase of approximately 14%. The dividend
will be payable on March 6, 2017, for stockholders of record as of February 20, 2017.
About Woodward, Inc.
Woodward is an independent designer, manufacturer, and service provider of control system solutions and components for the
aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers
offer cleaner, more reliable, and more efficient equipment. Our customers include leading original equipment manufacturers and end
users of their products. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com, and connect with us at www.facebook.com/woodwardinc.
Notice Regarding Forward-Looking Statements
The statements in this release contain forward-looking statements that involve risks and uncertainties, including statements
concerning the company’s quarterly cash dividend. Actual results could differ materially from projections or any other
forward-looking statements and we have no obligation to update our forward-looking statements. Factors that could affect
performance and could cause actual results to differ materially from projections and forward-looking statements are described in
Woodward's Annual Report and Form 10-K for the year ended September 30, 2016 and any subsequently filed Quarterly Report on Form
10-Q.
CONTACT: Don Guzzardo Director, Investor Relations & Treasury 970-498-3580 Don.Guzzardo@Woodward.com