Armstrong World Industries has declared special cash dividend wide.

Armstrong World Industries, Inc. (NYSE: AWI) has declared a special cash dividend of $13.74 per share. The special cash dividend will be paid on December 10, 2010 to shareholders of record as of December 3, 2010.  It will be funded in part by the proceeds of the new term loans remaining after repayment of existing debt and in part with cash on Armstrong's balance sheet. The price share has closed today to 46,86 $ on NYSE.