STOCK TITAN

Maxar Board of Directors Approves Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management dividends
Rhea-AI Summary

Maxar Technologies (NYSE:MAXR) has declared a quarterly dividend of $0.01 per share, payable on September 30, 2021, to shareholders on record as of September 15, 2021. This decision reflects the company’s ongoing commitment to return value to its shareholders while maintaining its position as a leader in Earth Intelligence and Space Infrastructure. Maxar emphasizes its innovative approach in delivering services to both government and commercial sectors, leveraging its extensive experience in the field.

Positive
  • Quarterly dividend of $0.01 per share, reflecting commitment to shareholder value.
  • Continued leadership in Earth Intelligence and Space Infrastructure.
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 September 30, 2021, to shareholders of record as of the close of business on September 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 4,400 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.

FAQ

What is the dividend amount declared by Maxar Technologies?

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

When will the dividend be paid to shareholders?

The dividend will be paid on September 30, 2021.

Who are eligible for the Maxar dividend?

Shareholders on record as of the close of business on September 15, 2021, are eligible for the dividend.

MAXR

NYSE:MAXR

MAXR Rankings

MAXR Latest News

MAXR Stock Data

73.18M
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
US
Westminster