STOCK TITAN

Kaman Board of Directors Declares Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management dividends
Rhea-AI Summary
Kaman Corporation (NYSE:KAMN) Declares Quarterly Dividend of 20 Cents per Share
Positive
  • Kaman Corporation continues to provide value to its shareholders by declaring a regular quarterly dividend of 20 cents per common share, demonstrating financial stability and commitment to rewarding investors.
  • The dividend payment on January 11, 2024, to shareholders of record on December 19, 2023, offers a predictable income stream for investors, contributing to the attractiveness of Kaman Corporation's stock as an investment opportunity.
Negative
  • None.

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- (NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on January 11, 2024, to shareholders of record on December 19, 2023.

About Kaman

Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets. Kaman produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; wheels, brakes and related hydraulic components for helicopters, fixed-wing and UAV aircraft; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; restoration, modification and support of our SH-2G Super Seasprite maritime helicopters; and support of our heavy lift K-MAX® manned helicopter, and development of the KARGO UAV unmanned aerial system, a purpose built autonomous medium lift logistics vehicle. More information is available at www.kaman.com.

Kaman Corporation

InvestorRelations@kaman.com

Source: Kaman Corporation

FAQ

What is the dividend amount declared by Kaman Corporation?

Kaman Corporation has declared a regular quarterly dividend of 20 cents per common share.

When will the dividend be paid?

The dividend will be paid on January 11, 2024.

Who is eligible for the dividend payment?

Shareholders of record on December 19, 2023, are eligible for the dividend payment.

Kaman Corp

NYSE:KAMN

KAMN Rankings

KAMN Latest News

KAMN Stock Data

1.30B
27.88M
1.26%
89.31%
1.78%
Other Aircraft Parts and Auxiliary Equipment Manufacturing
Manufacturing
Link
United States of America
BLOOMFIELD

About KAMN

kaman aerospace is a segment of kaman corporation (nyse:kamn), with 17 locations worldwide, which was founded in 1945 by aviation pioneer charles h. kaman. headquartered in bloomfield, connecticut, kaman corporation conducts business in the aerospace and distribution markets. the company produces and/or markets widely used proprietary aircraft bearings and components; super precision, miniature ball bearings; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and faa certification services; safe and arm solutions for missile and bomb systems for missile and bomb systems for the u.s. and allied militaries; subcontract helicopter work; production of the k-max medium-to-heavy lift helicopter and support for the company's sh-2g super seasprite maritime aircraft. more information is available at www.kaman.com/aerospace.