Kaman (KAMN) Raises Quarterly Dividend 11.1% to $0.20; 1.5% Yield
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Kaman Reports 2016 Fourth Quarter and Full Year Results
February 28, 2017 4:17 PM ESTBoard of Directors Increases Quarterly Cash Dividend by 11% to $0.20 Per Share
Fourth Quarter and Full Year Highlights:
Q4 GAAP Diluted Earnings per Share of $0.53; Adjusted Diluted Earnings per Share* of $0.56 Consolidated Gross Margin of 31.3% for the quarter, a 310 bps increase over the prior year Net Earnings of $15.1 million for the quarter; Adjusted EBITDA* of $37.9 million Year-to-Date Cash Flows from Operations of $107.7 million; Free Cash Flow* of $77.9 million
BLOOMFIELD, Conn.--(BUSINESS WIRE)-- Kaman Corp. (NYSE: KAMN) today reported financial results for the fourth fiscal quarter and full year ended December 31, 2016.
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