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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.
Positive
Quarterly cash dividend of $0.125 per share enhances shareholder returns.
Continued commitment to dividends reflects company confidence in financial stability.
Negative
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.