Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend
March 8, 2017-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a
quarterly cash dividend of $0.10 per share, payable on May 19, 2017, to shareholders of record at the close of business on
April 19, 2017. The dividend is the Company’s twenty-seventh consecutive quarterly dividend. The Board is currently targeting
the fourth quarter fiscal 2017 dividend to be $0.10 per common share. Future dividends remain subject to compliance with financial
covenants under the Company's Secured Credit Facility as well as Board approval.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced
communications solutions. The Company sells products to a diverse customer base in the global commercial and government
communications markets.
Certain information in this press release contains statements that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and
Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is
qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
PCMTL
Media:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
631-962-7000
info@comtechtel.com
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