Wood Dale, Illinois-based AAR Corp. (NYSE: AIR) board of directors has declared a quarterly cash dividend of USD 0.075 per share to its stockholders, the company said.
The dividend will be payable on February 6, 2017 to stockholders of record as of the close of business on January 23, 2017.
AAR is a global aftermarket solutions company that employs more than 4,500 people in over 20 countries. The company supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services.
AAR´s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR´s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions.