Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. The Company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. The Company operates the through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. Its products include Engine Cold Section, Engine Hot Section, Engine Shafts, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, and Manufactured Components and Assemblies, among others. The Company provides supply chain integration by combining core capabilities with global supply chain expertise.

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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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