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Aerospace and industrial distributor Kaman (NYSE: KAMN ) announced today its third-quarter dividend of $0.16 per share, the same rate it's paid since 2011 when it raised the payout 14% from $0.14 per share.
The board of directors said the quarterly dividend is payable on October 22 to holders of record at the close of business on October 8. The regular dividend payment equates to a $0.64-per-share annual dividend, yielding 1.7% based on the closing price today of Kaman's stock.