Kaman Board of Directors Declares Dividend

Rhea-AI Summary

Kaman Corporation (NYSE:KAMN) announced a quarterly dividend of 20 cents per common share, payable on July 8, 2021, to shareholders of record on June 22, 2021. The company, founded in 1945, operates in the aerospace, defense, industrial, and medical sectors, providing aircraft components, precision bearings, and helicopter support. Kaman's diverse offerings include solutions for military and commercial aviation, emphasizing its longstanding commitment to innovation and quality.

Positive

• Declaring a quarterly dividend of 20 cents per share highlights the company's ongoing commitment to returning value to shareholders.
• The business operates in aerospace and defense sectors, which remain critical and potentially lucrative industries.

Negative

• None.

The Kaman Corporation (NYSE:KAMN) board of directors declared a regular quarterly dividend of 20 cents per common share. The dividend will be paid on July 8, 2021, to shareholders of record on June 22, 2021.

About Kaman Corporation

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; 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; manufacture and support of our K-MAX® manned and K-MAX TITAN^TM unmanned medium-to-heavy lift helicopters. More information is available at www.kaman.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210609005908/en/

FAQ

What is the dividend amount for Kaman Corporation (KAMN) in 2021?

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

When will the Kaman Corporation dividend be paid?

The dividend will be paid on July 8, 2021.

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

The record date for the dividend is June 22, 2021.

Does Kaman Corporation have a history of paying dividends?

Yes, Kaman Corporation consistently pays dividends to its shareholders.