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VSE Corporation Declares Quarterly Cash Dividend

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VSE Corporation (NASDAQ: VSEC) has announced a quarterly cash dividend of $0.09 per share of common stock. This dividend is set to be paid on May 12, 2021, to stockholders of record as of April 28, 2021. VSE is recognized for providing aftermarket distribution and maintenance, repair, and overhaul services for various transportation assets across public and private sectors.

Positive
  • Quarterly cash dividend of $0.09 per share enhances shareholder income.
  • Demonstrates company confidence in ongoing operations.
Negative
  • None.

VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets in the public and private sectors, announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.09 per share of VSE common stock. The dividend is payable on May 12, 2021 to stockholders of record at the close of business on April 28, 2021.

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets for government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s products and services, visit www.vsecorp.com.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FAQ

What is the dividend amount for VSEC in 2021?

The dividend amount is $0.09 per share.

When is the VSEC dividend payment date?

The dividend payment date is May 12, 2021.

What is the record date for VSEC's 2021 dividend?

The record date for the dividend is April 28, 2021.

VSE Corp

NASDAQ:VSEC

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1.89B
18.43M
2.29%
89.75%
7.53%
Aerospace & Defense
Services-engineering Services
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United States of America
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