Cubic Corporation Increases Semiannual Dividend by 12.5 Percent
February 24 2015 - 11:03AM
Business Wire
Cubic Corporation (NYSE: CUB) today announced its Board of
Directors has declared an increase in its regular semiannual cash
dividend on common stock by 12.5 percent from 12 cents to 13.5
cents per share.
The 13.5 cents per share dividend will be paid on March 20,
2015, to stockholders of record on March 9, 2015. Cubic has paid
consecutive cash dividends to its stockholders since 1971.
“I am pleased to announce that due to Cubic’s financial strength
and commitment to deliver long-term value to our shareholders, we
are increasing the dividend by 12.5 percent while continuing to
invest in the future growth of our businesses,” said Cubic’s
President and Chief Executive Officer, Bradley H. Feldmann.
About Cubic Corporation
Cubic Corporation is the parent company of two major
business segments. Cubic Transportation Systems is a leading
integrator of payment and information technology and services for
intelligent travel solutions. Cubic Global Defense is a leading
provider of realistic combat training systems, secure
communications, operations, maintenance, technical and other
support services for the U.S. and allied nations. For more
information about Cubic, please visit the company's web site
at www.cubic.com.
Cubic CorporationJohn D. ThomasChief Financial
Officer858-505-2989orDiane DyerDirector of Investor
Relations858-505-2907
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