VSE Corp. (VSEC) Declares $0.11 Quarterly Dividend; 0.7% Yield

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VSE Declares a $0.11 per Share Cash Dividend

May 7, 2015 5:25 PM EDT

Board Authorizes 10% Increase in Payout Rate

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (Nasdaq: VSEC) reported today that the Company's Board of Directors has declared a quarterly dividend of $0.11 per share, an increase of 10%, for an annual payout rate $0.44 per share. The dividend will be paid on August 5, 2015, to stockholders of record as of July 22, 2015.

We have paid a cash dividend to our shareholders every year since 1973, and this declaration marks the twelfth consecutive year we have provided shareholders with a dividend increase, VSE CEO, Maurice Mo Gauthier said. This increase reflects our commitment to shareholder... More