Maxar Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Maxar Technologies (NYSE:MAXR) announced a quarterly dividend of $0.01 per share, set to be paid on March 31, 2023, to shareholders recorded by March 15, 2023. The company specializes in space solutions and geospatial intelligence, providing critical services to government and commercial sectors. Maxar emphasizes its commitment to delivering value through innovative technology and maintains a workforce of over 4,600 across more than 20 locations globally.

Positive

• Quarterly dividend of $0.01 per share announced.
• Confidence in ongoing value delivery to shareholders.

Negative

• None.

WESTMINSTER, Colo.--(BUSINESS WIRE)-- Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that its Board of Directors declared a regular quarterly dividend of one cent ($0.01) per share. The dividend is payable on March 31, 2023, to shareholders of record as of the close of business on March 15, 2023.

About Maxar

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) is a provider of comprehensive space solutions and secure, precise, geospatial intelligence. We deliver disruptive value to government and commercial customers to help them monitor, understand and navigate our changing planet; deliver global broadband communications; and explore and advance the use of space. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Maxar’s 4,600 team members in over 20 global locations are inspired to harness the potential of space to help our customers create a better world. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com.

Forward-Looking Statements

This press release may contain forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Any such forward-looking statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements, including those included in the Company’s filings with U.S. securities and Canadian regulatory authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as may be required under applicable securities law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230301006021/en/

Investor Relations Contact:

Jonny Bell

Maxar Investor Relations

1-303-684-5543

jonny.bell@maxar.com

Media Contact:

Tomi Maxted

Maxar Media Relations

1-303-684-4162

tomi.maxted@maxar.com

Source: Maxar Technologies

FAQ

What is the dividend amount for MAXR?

Maxar Technologies declared a quarterly dividend of $0.01 per share.

When is the dividend payment date for MAXR?

The dividend is payable on March 31, 2023.

What is the record date for the MAXR dividend?

The record date for the dividend is March 15, 2023.