Kaman Board of Directors Declares Dividend

Rhea-AI Summary

Kaman Corporation (NYSE: KAMN) has declared a quarterly dividend of 20 cents per common share. This dividend is scheduled to be paid on April 13, 2023, to shareholders on record as of March 21, 2023. Founded in 1945 and headquartered in Bloomfield, Connecticut, Kaman operates in aerospace, defense, industrial, and medical markets, offering various products including aircraft bearings, helicopter components, and UAV systems. The company continues to engage in the development of military and commercial aviation solutions. For more information, visit www.kaman.com.

Positive

• Quarterly dividend of 20 cents per share improves income for shareholders.
• Demonstrates company confidence in financial stability.

Negative

• None.

BLOOMFIELD, Conn.--(BUSINESS WIRE)-- (NYSE:KAMN) The Kaman Corporation board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on April 13, 2023, to shareholders of record on March 21, 2023.

About Kaman

Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut, conducts business in the aerospace & defense, industrial and medical markets. Kaman produces and markets proprietary aircraft bearings and components; super precision, miniature ball bearings; proprietary spring energized seals, springs and contacts; wheels, brakes and related hydraulic components for helicopters, fixed-wing and UAV aircraft; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; restoration, modification and support of our SH-2G Super Seasprite maritime helicopters; and support of our heavy lift K-MAX® manned helicopter, and development of the KARGO UAV unmanned aerial system, a purpose built autonomous medium lift logistics vehicle. More information is available at www.kaman.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230222005956/en/

Kaman Corporation

Rebecca Stath

860-286-4127

InvestorRelations@kaman.com

Source: Kaman Corporation

FAQ

What is the dividend amount declared by Kaman Corporation?

Kaman Corporation declared a quarterly dividend of 20 cents per common share.

When will Kaman Corporation's dividend be paid?

The dividend will be paid on April 13, 2023.

What is the record date for Kaman Corporation's dividend?

The record date for the dividend is March 21, 2023.

How often does Kaman Corporation declare dividends?

Kaman Corporation typically declares dividends on a quarterly basis.