Comtech Telecommunications Corp. Declares $0.10 Per Share Quarterly Cash Dividend
March 11, 2021-- 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 21, 2021, to
shareholders of record at the close of business on April 21, 2021.
The dividend is the Company’s forty-third 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. is a leader in the global
communications market headquartered in Melville, New York. With a
passion for customer success, Comtech designs, produces and markets
advanced secure wireless solutions to more than 1,000 customers in
more than 100 countries.
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.
version on businesswire.com: https://www.businesswire.com/news/home/20210311006010/en/
Media Contacts: Michael D. Porcelain, President and Chief
Operating Officer (631) 962-7000 Info@comtechtel.com