Magellan Aerospace Declares Quarterly Dividend

Magellan Aerospace (TSE:MAL) has released an update.

Magellan Aerospace has declared a quarterly dividend of $0.025 per share, underscoring its commitment to balancing shareholder returns with strategic financial flexibility and growth investments. The dividend will be available to shareholders of record by June 14, 2024, with payment being made on June 28. Magellan is a major player in the aerospace sector, providing essential components and assemblies to the aerospace, defense, and space industries.

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