Maxar Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Maxar Technologies (NYSE:MAXR) has declared a regular quarterly dividend of $0.01 per share, set to be paid on March 31, 2021, to shareholders on record as of March 15, 2021. This decision highlights the company's commitment to returning value to its shareholders amidst its operations in Earth Intelligence and Space Infrastructure. Maxar aims to provide innovative solutions for monitoring and understanding the changing planet while maintaining a strong commercial foundation.

Positive

• Quarterly dividend declared at $0.01 per share, enhancing shareholder value.
• Demonstrates company confidence in financial stability.

Negative

• None.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, 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, 2021, to shareholders of record as of the close of business on March 15, 2021.

About Maxar

Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure. 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 4,300 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

Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this presentation.

Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this presentation. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with U.S. securities and Canadian regulatory authorities, which are available online under the Company's EDGAR profile at www.sec.gov, under the Company's SEDAR profile at www.sedar.com or on the Company's website at www.maxar.com.

The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this presentation as a result of new information or future events, except as may be required under applicable securities legislation.

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FAQ

What is the dividend amount declared by Maxar Technologies?

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

When will Maxar Technologies pay its dividend?

The dividend will be paid on March 31, 2021.

What is the record date for Maxar's dividend?

The record date for the dividend is March 15, 2021.

How often does Maxar Technologies declare dividends?

Maxar Technologies typically declares dividends on a quarterly basis.

Is the dividend sustainable for Maxar Technologies?

The sustainability of the dividend depends on the company's ongoing financial performance and strategic developments.