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Hexcel Declares Quarterly Dividend

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Hexcel Corporation (NYSE: HXL) has declared a quarterly cash dividend of $0.125 per share for its common stock. This dividend is set to benefit stockholders of record as of May 5, 2023, with a payment date scheduled for May 12, 2023.

Hexcel is recognized as a leader in advanced lightweight composites technology, focusing on innovative material solutions that serve sectors such as aerospace, defense, and industrial applications.

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  • Quarterly cash dividend of $0.125 per share enhances shareholder returns.
  • Continued commitment to dividends reflects company confidence in financial stability.
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  • None.

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 May 5, 2023, with a payment date of May 12, 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.

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 Corporation?

Hexcel Corporation has declared a quarterly cash dividend of $0.125 per share.

When will Hexcel Corporation pay the dividend?

The dividend will be payable on May 12, 2023, to stockholders of record as of May 5, 2023.

What is the significance of the dividend for HXL shareholders?

The dividend signifies Hexcel's financial stability and commitment to returning value to its shareholders.

Hexcel Corporation

NYSE:HXL

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4.79B
80.43M
0.69%
97.18%
2.64%
Aerospace & Defense
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States of America
STAMFORD