Maxar Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Maxar Technologies (NYSE:MAXR) announced a regular quarterly dividend of $0.01 per share. This dividend will be paid on June 30, 2022, to shareholders of record as of June 15, 2022. Maxar continues to provide tailored space solutions and geospatial intelligence to both government and commercial customers, promoting advancements in global broadband communications and space exploration. The company's strong foundation and expertise enable it to deliver effective solutions and insights, addressing the intricate challenges of our changing planet.

Positive

• Regular quarterly dividend of $0.01 per share indicates financial stability.

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• 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 June 30, 2022, to shareholders of record as of the close of business on June 15, 2022.

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 4,400 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

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/20220421006030/en/

Investor Relations Contact:

Jason Gursky

Maxar VP, Investor Relations and Corporate Treasurer

1-303-684-2207

jason.gursky@maxar.com

Media Contact:

Fernando Vivanco

Maxar Media Relations

1-720-877-5220

fernando.vivanco@maxar.com

Source: Maxar Technologies

FAQ

What is the dividend amount declared by Maxar Technologies?

Maxar Technologies declared a dividend of $0.01 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 30, 2022.

Who are eligible shareholders for Maxar's dividend?

Shareholders of record as of June 15, 2022, are eligible for the dividend.

How often does Maxar Technologies declare dividends?

Maxar Technologies declares dividends quarterly.