VSE Corp. (VSEC) Declares $0.07 Quarterly Dividend; 0.7% Yield

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VSE Declares a $0.07 Per Share Cash Dividend

May 3, 2017 4:30 PM EDT

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (Nasdaq: VSEC) reported today that the Company's Board of Directors has declared a quarterly dividend of $0.07 per share, for an annual payout rate $0.28 per share as compared to the prior annual payout rate of $0.24 per share. The dividend will be paid on August 2, 2017, to stockholders of record as of July 19, 2017.

We have paid a quarterly cash dividend to our shareholders every year since 1973, and we have increased the dividend every year since 2004, VSE CEO, Maurice Mo Gauthier said. This increase reflects our commitment to shareholder value and confidence in the future of the... More