Kaman Corporation(NYSE:KAMN) Declares Dividend of $0.1800.

Kaman Corporation (NYSE:KAMN) had declared a cash dividend of $0.1800 on Aug 9, 2016. The shares will quote ex-dividend on Sep 16, 2016 and the record date has been fixed for Sep 20, 2016. On Aug 9, 2016 share price, the yield comes out to be 1.6397%. The dividend payable date has been fixed on Oct 6, 2016.

Kaman Corporation (KAMN) made into the market gainers list on Wednesdays trading session with the shares advancing 0.14% or 0.06 points. Due to strong positive momentum, the stock ended at $44.16, which is also near the day’s high of $44.32. The stock began the session at $43.97 and the volume stood at 54,611 shares. The 52-week high of the shares is $44.32 and the 52 week low is $35.09. The company has a current market capitalization of $1,196 M and it has 2,70,91,541 shares in outstanding.

Kaman Corporation(KAMN) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $470.64M. Analysts had an estimated revenue of $459.13M. Earnings per share were $0.64. Analysts had estimated an EPS of $0.64.

Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Neal J Keating (CEO) purchased 2,000 shares at $42.67 per share price.Also, On May 27, 2016, Philip A Goodrich (Sr VP, Corporate Development) sold 8,488 shares at $42.24 per share price.On May 17, 2016, E Reeves Iii Callaway (director) sold 2,361 shares at $41.72 per share price, according to the Form-4 filing with the securities and exchange commission.

Kaman Corporation is a diversified company that conducts business in the aerospace and distribution markets. The Company operates in two segments: Distribution and Aerospace. The Distribution segment is a power transmission motion control electrical and automation and fluid power industrial distributor. The Aerospace segment produces and markets aircraft bearings and components; metallic and composite aero structures for commercial military and general aviation fixed and rotary wing aircraft; safe and arming solutions for missile and bomb systems for the United States and allied militaries; subcontract helicopter work; support for its SH-2G Super Seasprite maritime helicopters and K-MAX manned and unmanned medium-to-heavy lift helicopters and engineering design analysis and certification services. Its brands include KAron and K-MAX. Its customers include the United States military Sikorsky Aircraft Corporation The Boeing Company Bell Helicopter Lockheed Martin and Raytheon.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Kaman Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Kaman Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.