Spirit AeroSystems Announces Quarterly Cash Dividend

(Neutral)

Rhea-AI Summary

Spirit AeroSystems Holdings, Inc. (NYSE: SPR) has declared a quarterly cash dividend of $0.01 per share on its common stock. The dividend is payable on July 6, 2021, to stockholders of record by the close of business on June 14, 2021. This announcement highlights the company's commitment to returning value to shareholders amidst its operations in manufacturing aerostructures for various aircraft platforms.

Positive

Declaration of a quarterly cash dividend of $0.01 per share.
Dividend payment scheduled for July 6, indicating cash flow stability.

Negative

None.

News Market Reaction – SPR

-2.11%

-2.11% Session move

In the trading session that priced this news, SPR declined 2.11%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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04/28/2021 - 03:25 PM

WICHITA, Kan., April 28, 2021 /PRNewswire/ -- Spirit AeroSystems Holdings, Inc. (NYSE:SPR) today announced its board of directors declared a regular quarterly $0.01 per share cash dividend on its outstanding common stock. The dividend is payable July 6, 2021, to stockholders of record as of the close of business June 14, 2021.

On the web: www.spiritaero.com
On Twitter: @SpiritAero

About Spirit AeroSystems Inc.
Spirit AeroSystems is one of the world's largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company's core products include fuselages, integrated wings and wing components, pylons, and nacelles. Also, Spirit serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at www.spiritaero.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/spirit-aerosystems-announces-quarterly-cash-dividend-301279484.html

SOURCE Spirit AeroSystems Holdings, Inc.

FAQ

What is the dividend amount declared by Spirit AeroSystems?

Spirit AeroSystems declared a quarterly cash dividend of $0.01 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 6, 2021.

What is the record date for receiving the dividend from Spirit AeroSystems?

The record date for the dividend is June 14, 2021.

Is the dividend sustainable for Spirit AeroSystems?

The sustainability of the dividend depends on the company's ongoing financial performance and cash flow.