Wabtec (WAB) Raises Quarterly Dividend 20% to $0.12; 0.6% Yield

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Wabtec Announces Board/Management Appointments; Increases Dividend 20 Percent

May 10, 2017 6:45 AM EDT

WILMERDING, Pa., May 10, 2017 (GLOBE NEWSWIRE) -- Wabtec Corporation (NYSE: WAB) announced the following appointments to its management team and Board of Directors, and increased its dividend by 20 percent:

Albert J. Neupaver has been elected chairman of the companys Board of Directors.  Neupaver served as executive chairman for the past three years and as the companys chief executive officer from 2006 to 2014.Raymond T. Betler remains president and chief executive officer and a member of the Board of Directors.  He joined Wabtec in 2008 and has served in this... More