Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a Canada-based global enterprise company, which is engaged in providing integrated products to the aerospace industry worldwide. The Company designs, engineers and manufactures aeroengine and aerostructure components for aerospace markets, including advanced products for defense and space markets, and complementary specialty products. The Company operates through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. The Company’s products include Engine Cold Section, Engine Hot Section, Engine Shafts, Specialty Materials, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, Avionics, Manufactured Components and Assemblies and Wire Strike Protection System (WSPS). The Company also supports the aftermarket through the supply of spare parts as well as through repair and overhaul services.

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Magellan Aerospace Corp

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Post by kijijion Aug 04, 2023 5:58pm

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Post# 35574298

2.5 cent DIVIDEND.

reports

MAGELLAN AEROSPACE ANNOUNCES QUARTERLY DIVIDEND

Magellan Aerospace Corp.'s board of directors has declared a quarterly cash dividend of 2.5 cents per share on the corporation's common shares. The board of directors of the corporation continues to review its dividends on a quarterly basis for more visibility of recovery and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibility and investment in growth initiatives. The dividend is payable on Sept. 29, 2023, to stockholders of record at the close of business on Sept. 15, 2023.

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