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Wabtec Corporation (NYSE: WAB) announced a quarterly dividend of 15 cents per share, set for payment on August 29, 2022, to shareholders on record as of August 15, 2022. This dividend reflects the company's commitment to returning value to its shareholders amid its operations in the transportation solutions sector, specifically focusing on the freight and transit rail industries, as well as other markets.
Positive
Quarterly dividend of 15 cents per share enhances shareholder value.
Dividend demonstrates company 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 August 29, 2022 to holders of record on August 15, 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.
