B/E Aerospace announces dividend, share repurchase

B/E Aerospace, Inc. (NASDAQ: BEAV) said its board of directors declared a quarterly dividend of USD0.19 per outstanding share of the company´s common stock.

The dividend is payable on September 11, 2015 to shareholders of record at the close of business on August 17, 2015. In addition, the company announced that it plans to initiate repurchases under its previously authorized share repurchase program.

B/E Aerospace is the world´s leading manufacturer of aircraft cabin interior products. The company designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. Its manufactured products include aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems.