Curtiss-Wright Declares 11% Dividend Increase to $0.10 Per Share for Common Stock
15 May 2013 - 3:23AM
Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation
(NYSE:CW), announced that today the Board of Directors declared a
dividend of ten cents ($0.10) per share on Curtiss-Wright Common
Stock, payable July 12, 2013 to stockholders of record as of June
28, 2013. This represents an 11% increase over the prior dividend
of $0.09 per share.
"This dividend increase reflects our confidence in
Curtiss-Wright's ability to continue to deliver solid revenue and
profitability growth as we execute our strategic plan, as well as
our solid balance sheet," Mr. Benante said. "Overall, we remain
committed to a disciplined capital deployment strategy that
consists of reinvesting in our business and growing through
acquisitions, combined with our continued commitment to increasing
shareholder value through solid earnings per share growth,
dividends and share repurchases."
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE:CW) is an innovative
engineering company that provides highly engineered, critical
function products, systems and services in the areas of flow
control, motion control and surface treatment technologies to the
defense, energy and commercial/ industrial markets. The legacy
company of Glenn Curtiss and the Wright brothers, Curtiss-Wright
has a long tradition of design and manufacturing innovation and
prides itself on long-standing customer relationships. The company
employs approximately 10,000 people worldwide. For more
information, visit www.curtisswright.com.
CONTACT: Jim Ryan
(973) 541-3766
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