Board of directors of AAR CORP. (NYSE: AIR) 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 8, 2019 to stockholders of record as of the close of business on January 28, 2019. Future cash dividends will be subject to the approval of the board.
AAR is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.