Wabtec Declares Regular Quarterly Common Dividend

Rhea-AI Summary

Wabtec Corporation (NYSE: WAB) has announced a regular quarterly common dividend of 15 cents per share. The dividend will be payable on May 27, 2022, to shareholders on record as of May 20, 2022. This commitment to returning value to shareholders reflects Wabtec's solid financial position and ongoing confidence in its business strategy. Wabtec continues to focus on transportation solutions across various industries, including freight and transit rail, with a vision for zero-emission rail systems globally.

Positive

• Declared a quarterly dividend of 15 cents per share.
• Dividend payment reflects confidence in financial stability.

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 May 27, 2022 to holders of record on May 20, 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/20220511005213/en/

Wabtec Investor Contact

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

Wabtec Media Contact

Deia Campanelli / Deia.Campanelli@wabtec.com / 773-297-0482

Source: Wabtec Corporation

FAQ

What is the latest dividend amount declared by Wabtec Corporation?

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

When will Wabtec Corporation's dividend be paid?

The dividend will be paid on May 27, 2022.

What is the record date for Wabtec's dividend payment?

The record date for the dividend payment is May 20, 2022.

How often does Wabtec Corporation pay dividends?

Wabtec Corporation pays dividends quarterly.

Is Wabtec Corporation committed to maintaining its dividend payouts?

Yes, the declaration of dividends indicates Wabtec's commitment to returning value to shareholders.