Rockwell Collins Announces 10% Dividend Increase
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CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- The Board of Directors of Rockwell Collins (NYSE: COL) has declared a quarterly dividend increase from 30 cents to 33 cents per share on its common stock, representing a 10% increase. The dividend is payable June 8, 2015, to shareholders of record at the close of business on May 19, 2015.
"The increase in our quarterly dividend rate reflects Rockwell Collins' ongoing commitment to return value to our shareowners, and demonstrates the confidence we have in our ability to generate strong earnings and operating cash flow," said Patrick Allen, senior vice president and chief financial officer of Rockwell Collins.
About Rockwell CollinsRockwell Collins is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, simulation and training, and information management services is delivered by a global workforce, and a service and support network that crosses more than 150 countries. To find out more, please visit www.rockwellcollins.com.
Rockwell Collins
Media Contact:
Pam Tvrdy-Cleary,
319-295-0591
[email protected]
or
Investor
Contact:
Ryan Miller, 319-295-7575
[email protected]
Source: Rockwell Collins
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