B/E Aerospace (BEAV) Raises Quarterly Dividend 10.5% to $0.21; 2% Yield

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B/E Aerospace Board of Directors Declares Quarterly Dividend, Increases Dividend 10.5%

February 19, 2016 8:00 AM EST

WELLINGTON, Fla.--(BUSINESS WIRE)-- B/E Aerospace, Inc. (the Company) (NASDAQ: BEAV), the worlds leading manufacturer of aircraft cabin interior products, today announced that its Board of Directors declared a quarterly dividend of $0.21 per outstanding share of the Companys common stock. The dividend is payable on March 25, 2016 to shareholders of record at the close of business on March 7, 2016.

Consistent with our expectation of continued strong free cash flow generation and our capital allocation plan to return capital to our shareholders, we have increased our quarterly dividend by 10.5 percent to $0.21 per... More