Hexcel Declares Quarterly Dividend

Rhea-AI Summary

Hexcel Corporation (NYSE: HXL) has declared a regular quarterly cash dividend of $0.125 per share on its common stock. This dividend is payable to stockholders of record as of February 10, 2023, with a payment date of February 17, 2023. This announcement underscores Hexcel's commitment to returning value to its shareholders while continuing to lead in advanced lightweight composites technology across various sectors, including aerospace and industrial applications.

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STAMFORD, Conn.--(BUSINESS WIRE)-- Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.125 per share on the common stock of Hexcel, payable to stockholders of record as of February 10, 2023, with a payment date of February 17, 2023.

About Hexcel

Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, resins, engineered core and composite structures for use in commercial aerospace, space and defense, and industrial applications.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230125005584/en/

Kurt Goddard | Vice President Investor Relations | Kurt.Goddard@Hexcel.com | +1 (203) 352-6826

Source: Hexcel Corporation

FAQ

What is the dividend amount declared by Hexcel in January 2023?

Hexcel declared a cash dividend of $0.125 per share.

When is the record date for Hexcel's dividend?

The record date for the dividend is February 10, 2023.

What is the payment date for Hexcel's dividend?

The payment date for the dividend is February 17, 2023.