Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend
March 06 2019 - 4:21PM
Business Wire
March 6, 2019–– Comtech Telecommunications Corp. (NASDAQ:
CMTL) announced today that its Board of Directors declared a
quarterly cash dividend of $0.10 per share, payable on May 17,
2019, to shareholders of record at the close of business on
April 17, 2019. The dividend is the Company’s thirty-fifth
consecutive quarterly dividend. Future dividends remain subject to
compliance with financial covenants under the Company's secured
credit facility as well as Board approval.
Comtech Telecommunications Corp. designs, develops, produces and
markets innovative products, systems and services for advanced
communications solutions. The Company sells products to a diverse
customer base in the global commercial and government
communications markets.
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially
from such forward-looking information. The Company's Securities and
Exchange Commission filings identify many such risks and
uncertainties. Any forward-looking information in this press
release is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission filings.
PCMTL
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version on businesswire.com: https://www.businesswire.com/news/home/20190306005794/en/
Media:Michael D. Porcelain, Senior Vice President and
Chief Operating Officer(631) 962-7000Info@comtechtel.com
Comtech Telecommunications (NASDAQ:CMTL)
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