VSE Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

VSE Corporation announces regular quarterly cash dividend of $0.10 per share of VSE common stock.

Positive

• VSE Corporation declares regular quarterly cash dividend of $0.10 per share
• Dividend payable on July 26, 2023

Negative

• None.

ALEXANDRIA, Va.--(BUSINESS WIRE)-- VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air, land and sea transportation assets supporting commercial and government markets, announced that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock. The dividend is payable on July 26, 2023 to stockholders of record at the close of business on July 12, 2023.

ABOUT VSE CORPORATION

VSE is a leading provider of aftermarket distribution and repair services for air, land and sea transportation assets for commercial and government markets. Core services include 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230503005803/en/

INVESTOR RELATIONS CONTACT:

Michael Perlman

Vice President of Investor Relations and Communications

Phone: (954) 547-0480

Email: investors@vsecorp.com

Source: VSE Corporation

FAQ

What is the dividend amount declared by VSE Corporation?

VSE Corporation has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock.

When will the dividend be payable?

The dividend will be payable on July 26, 2023.

Who is eligible for the dividend?

Stockholders of record at the close of business on July 12, 2023 are eligible for the dividend.