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

Kaman Corporation (NYSE:KAMN) had declared a cash dividend of $0.1800 on Jun 7, 2016. The shares will quote ex-dividend on Jun 17, 2016 and the record date has been fixed on Jun 21, 2016. At Jun 7, 2016 share price, the yield comes out to be 1.6601%. The dividend payable date has been fixed on Jul 7, 2016.

Kaman Corporation (KAMN) shares turned negative on Fridays trading session with the shares closing down -0.31 points or -0.71% at a volume of 73,851. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.39. The peak price level was also seen at $43.39 while the days lowest was $42.91. Finally the shares closed at $43.1. The 52-week high of the shares is $44.27 while the 52-week low is $35.09. According to the latest information available, the market cap of the company is $1,166 M.

Kaman Corporation(KAMN) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $451.20M. Analysts had an estimated revenue of $433.15M. Earnings per share were $0.41. Analysts had estimated an EPS of $0.41.

Several Insider Transactions has been reported to the SEC. On May 27, 2016, Philip A Goodrich (Sr VP, Corporate Development) sold 8,488 shares at $42.24 per share price.Also, On May 17, 2016, E Reeves Iii Callaway (director) sold 2,361 shares at $41.72 per share price.On May 11, 2016, Robert D. Starr (CFO) purchased 1,000 shares at $41.79 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.