VSE Corp. (VSEC) Raises Quarterly Dividend 14.3% to $0.08; 0.6% Yield

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Go back to VSE Corp. (VSEC) Raises Quarterly Dividend 14.3% to $0.08; 0.6% Yield

VSE Declares a $0.08 per Share Cash Dividend

May 1, 2018 5:00 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 $0.08 per share, an increase of 14%, for an annual payout rate $0.32 per share as compared to the prior annual payout rate of $0.28 per share. The dividend will be paid on August 1, 2018, to stockholders of record as of July 18, 2018.

VSE has paid cash dividends each year since 1973 and has increased its cash dividend rate each year since 2004. The payment and amount of future dividends are subject to authorization by the Board of Directors, and will depend... More