Wabtec (WAB) Raises Quarterly Dividend 50% to $0.06; 0.3% Yield
Get Alerts WAB Hot Sheet
Join SI Premium – FREE
Wabtec (NYSE: WAB) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 50% increase from the prior dividend of $0.04.
The dividend will be payable on August 29, 2014, to stockholders of record on August 15, 2014, with an ex-dividend date of August 13, 2014.
The annual yield on the dividend is 0.3 percent.
Albert J. Neupaver, Wabtec's chairman and chief executive officer, said: "Our current financial performance and future outlook provides ample financial strength to invest in growth opportunities and to return a greater portion of our cash flow to shareholders. We intend to continue to review our policies periodically based on Wabtec's ongoing performance and growth prospects."
For a dividend history and other dividend-related data on Wabtec (WAB) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Globe Life Inc. (GL) Raises Quarterly Dividend 6.7% to $0.2400; 0.8% Yield
- TPG RE Finance Trust Inc. (TRTX) Declares $0.24 Quarterly Dividend; 12.7% Yield
- W. P. Carey (WPC) Raises Quarterly Dividend 0.6% to $0.865; 6.2% Yield
Create E-mail Alert Related Categories
Dividend Hike, Dividends, Management CommentsRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!