Hexcel Corp announces a $0.15 Q4 dividend, increasing its annual dividend yield to 0.94%.

Hexcel Corporation announced a quarterly dividend of $0.15 per share, payable on November 8, with a record date of November 1. The annual dividend totals $0.60, yielding 0.94%. The company has raised its dividend by an average of 43.3% annually over the past three years. In Q3, Hexcel reported a 3.7% profit increase to $39.8 million, exceeding analyst estimates, with revenue rising 8.8% to $456.5 million. Analysts have adjusted price targets for HXL.

October 21, 2024
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