Hexcel Declares Quarterly Dividend

Rhea-AI Summary

Hexcel Corporation (NYSE: HXL) announced a quarterly cash dividend of $0.10 per share on its common stock. This dividend will be paid to shareholders of record as of August 5, 2022, with a payment date set for August 12, 2022. Hexcel, a leader in advanced lightweight composites technology, provides innovative material solutions for various sectors, including aerospace, space, defense, and industrial applications.

Positive

• Declared quarterly cash dividend of $0.10 per share.
• Dividend payment date of August 12, 2022, reflects company confidence.

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 $0.10 per share on the common stock of Hexcel, payable to stockholders of record as of August 5, 2022, with a payment date of August 12, 2022.

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/20220725005805/en/

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

Source: Hexcel Corporation

FAQ

What is the amount of the quarterly dividend declared by Hexcel?

Hexcel declared a quarterly cash dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 12, 2022.

Who is eligible to receive the dividend from Hexcel?

Shareholders of record as of August 5, 2022, are eligible to receive the dividend.