TAT Technologies (TATT) Declares $0.34 Quarterly Dividend; 12% Yield

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Go back to TAT Technologies (TATT) Declares $0.34 Quarterly Dividend; 12% Yield

TAT Technologies Reports First Quarter 2017 Results and Declares a $3 Million Cash Dividend

May 17, 2017 4:20 PM EDT

GEDERA, Israel, May 17, 2017 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT - News) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, reported today its unaudited results for the three month period ended March 31, 2017. The Company also declared a cash dividend of $3 million payable on June 21, 2017 to shareholders of record on June 7, 2017.

Financial highlights for the first quarter of 2017 (unaudited):

Total Revenue: $27.1 million compared to $23.6 million in the first quarter of 2016, growth of 14.8% in revenues compared to... More