Wabtec Declares Regular Quarterly Common Dividend

Rhea-AI Summary

Wabtec Corporation (NYSE: WAB) has declared a regular quarterly dividend of 15 cents per share, payable on November 28, 2022. Shareholders of record as of November 14, 2022 will receive the dividend. Wabtec is a leading global provider of transportation solutions for the freight and transit rail industries. The company aims to achieve a zero-emission rail system in the U.S. and worldwide, reflecting its commitment to sustainability and innovation in the rail sector.

Positive

• Quarterly dividend of 15 cents per share enhances shareholder income.
• Commitment to achieving a zero-emission rail system supports long-term sustainability.

Negative

• None.

PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) announced today that its Board of Directors declared a regular quarterly common dividend of 15 cents per share, payable on November 28, 2022 to holders of record on November 14, 2022.

About Wabtec Corporation

Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. Visit Wabtec’s website at: www.WabtecCorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005025/en/

Wabtec Investor Contact

Kristine Kubacki, CFA / Kristine.Kubacki@wabtec.com / 412-450-2033



Wabtec Media Contact

Tim Bader / tim.bader@wabtec.com / 682-319-7925

Source: Wabtec Corporation

FAQ

What is the dividend amount declared by Wabtec Corporation?

Wabtec Corporation declared a quarterly dividend of 15 cents per share.

When will the dividend be paid to Wabtec shareholders?

The dividend will be paid on November 28, 2022.

Who is eligible for the Wabtec dividend?

Shareholders on record as of November 14, 2022, are eligible for the dividend.

How does Wabtec's dividend reflect its financial health?

The regular dividend indicates Wabtec's commitment to returning value to shareholders and suggests stable cash flow.