-

VSE Corporation Declares Quarterly Cash Dividend Increase

ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets supporting government and commercial markets, announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock, an increase of 11% per share. The dividend is payable on February 9, 2022 to stockholders of record at the close of business on January 26, 2022.

ABOUT VSE CORPORATION
VSE is a leading provider of aftermarket distribution and repair services for land, sea and air transportation assets supporting government and commercial markets. Core services include maintenance, repair and overhaul (MRO) services, parts distribution, supply chain management and logistics, engineering support, and consulting and training services for global commercial, federal, military and defense customers. VSE also provides information technology and energy consulting services. For additional information regarding VSE’s products and services, visit www.vsecorp.com.

FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause VSE’s actual results to vary materially from those indicated or anticipated by such statements. Many factors could cause actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contacts

INVESTOR RELATIONS: Noel Ryan | 720.778.2415 | investors@vsecorp.com

Industry:

VSE Corporation

NASDAQ:VSEC
Release Summary
VSE has declared a regular quarterly cash dividend of $0.10 per share of VSE common stock
Release Versions
English

Contacts

INVESTOR RELATIONS: Noel Ryan | 720.778.2415 | investors@vsecorp.com

More News From VSE Corporation

VSE Corporation Prices Upsized Public Offerings of Common Stock and Tangible Equity Units

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that it has priced its previously announced underwritten public offering of 3,989,362 shares of its common stock at a price to the public of $188.00 per share, representing approximately $750 million of shares of common stock, and its previously announced concurrent underwritten public offering of 8,000,000 of its 5...

VSE Corporation Announces Public Offerings of Common Stock and Tangible Equity Units

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that it has commenced concurrent underwritten public offerings, subject to market and other conditions, of $650 million of its common stock and tangible equity units (the “Units”) with an aggregate stated amount of $350 million, pursuant to an effective shelf registration statement. In addition, VSE intends to grant...

VSE Corporation Agrees to Acquire Precision Aviation Group in Transformational Aviation Aftermarket Transaction

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that it has entered into a definitive agreement to acquire Precision Aviation Group, Inc. (“PAG”), a portfolio company of GenNx360 Capital Partners (“GenNx”), for total upfront consideration of approximately $2.025 billion in cash and equity. Founded in 1996 and headquartered in Atlanta, Georgia, PAG is a best-in-cl...
Back to Newsroom