Kaman Board of Directors Declares Dividend

Rhea-AI Summary

Kaman Corporation (NYSE:KAMN) has declared a quarterly dividend of 20 cents per common share, set to be paid on January 12, 2023. Shareholders of record by December 20, 2022 will be eligible for this payment. Founded in 1945, Kaman operates in aerospace, defense, industrial, and medical markets, providing various products including aircraft components and UAV systems. The dividend demonstrates the company's commitment to returning value to its shareholders.

Positive

• Declared a regular quarterly dividend of 20 cents per share.
• Dividend payment reflects commitment to returning value to shareholders.

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 January 12, 2023, to shareholders of record on December 20, 2022.

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 manufacture and support of our heavy lift K-MAX® manned helicopter, the K-MAX TITAN unmanned helicopter and 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/20221114006050/en/

Kaman Corporation

Kary Bare

860-243-7485

Investor Relations

Kary.Bare@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 pay the dividend?

The dividend will be paid on January 12, 2023.

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

The record date for the dividend is December 20, 2022.

How often does Kaman Corporation pay dividends?

Kaman Corporation pays dividends quarterly.

Is Kaman Corporation's dividend sustainable?

The press release does not provide specific information on dividend sustainability.