Wabtec hikes dividend by 20% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Wabtec As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Wabtec As of October 10, 2023	WAB	$0.68	13.3%	25.0%	0.0%
Construction Machinery & Heavy Trucks	0.6%	2	7.2%	Quarter	1995

Wabtec hikes dividend by 20%

Wednesday 10 May 2017

Wabtec (WAB) will raise its quarterly dividend to $0.12 per share.

The new dividend rate will be payable initially Aug. 28, 2017 to shareholders of record Aug. 14, 2017.

This is the seventh consecutive year Wabtec has increased its dividend. Albert J. Neupaver, chairman of the company's Board of Directors, said: “We’re pleased to announce these next steps in our leadership development and succession planning process. As chairman, I look forward to working with Ray and Stéphane to support Wabtec’s strategic growth initiatives, and I’m confident our company’s future remains bright.”

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles.

Wabtec

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