Hexcel Declares Quarterly Dividend

Rhea-AI Summary

Hexcel (NYSE: HXL) has announced a quarterly cash dividend of $0.15 per share on its common stock. The dividend will be paid on August 9, 2024, to stockholders of record as of August 2, 2024. This regular dividend declaration demonstrates Hexcel's commitment to returning value to shareholders and maintaining a consistent dividend policy. The announcement provides clarity on the upcoming dividend payment and relevant dates for investors to be aware of.

Positive

• Consistent dividend payment indicates financial stability
• Commitment to shareholder value through regular cash returns

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 $0.15 per share on the common stock of Hexcel, payable to stockholders of record as of August 2, 2024, with a payment date of August 9, 2024.

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/20240718444665/en/

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

Source: Hexcel Corporation

FAQ

What is the amount of Hexcel's (HXL) quarterly dividend for 2024?

Hexcel (NYSE: HXL) has declared a quarterly cash dividend of $0.15 per share on its common stock for 2024.

When is the payment date for Hexcel's (HXL) latest declared dividend?

The payment date for Hexcel's latest declared dividend is August 9, 2024.

What is the record date for Hexcel's (HXL) upcoming dividend?

The record date for Hexcel's upcoming dividend is August 2, 2024. Stockholders of record as of this date will be eligible to receive the dividend.

How often does Hexcel (HXL) pay dividends?

Based on the announcement of a 'regular quarterly cash dividend', Hexcel (HXL) pays dividends on a quarterly basis.