Board of directors of AAR CORP. (NYSE: AIR) has declared a quarterly cash dividend of $0.075 per share to its stockholders, the company said.
The dividend will be payable on July 31, 2018 to stockholders of record as of the close of business on July 20, 2018. Future cash dividends will be subject to the approval of the Board of Directors.
AAR is a global aftermarket solutions company that employs more than 5,500 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services.