Hexcel Corporation(HXL) Declares Dividend of $0.1100.

Hexcel Corporation (HXL) had declared a cash dividend of $0.1100 on Jan 25, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 0.86%. The dividend payable date has been fixed on Mar 15, 2017.

Hexcel Corporation (HXL) shares turned negative on Tuesdays trading session with the shares closing down -0.04 points or -0.08% at a volume of 5,41,345. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $52.19. The peak price level was also seen at $52.19 while the days lowest was $51.37. Finally the shares closed at $51.59. The 52-week high of the shares is $55.11 while the 52-week low is $37.54. According to the latest information available, the market cap of the company is $4,715 M.

Hexcel Corporation(HXL) last announced its earnings results on Jan 25, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $483.500M. Analysts had an estimated revenue of $497.840M. Earnings per share were $0.64. Analysts had estimated an EPS of $0.63.

Several Insider Transactions has been reported to the SEC. On Dec 6, 2016, Michael Canario (President, Aerospace -Americas) sold 2,000 shares at $52.00 per share price.Also, On Nov 23, 2016, Robert George Hennemuth (EVP, Human Resources) sold 8,000 shares at $50.00 per share price.On Nov 3, 2016, Timothy Swords (President, Industrial) sold 16,699 shares at $45.01 per share price, according to the Form-4 filing with the securities and exchange commission.

Hexcel Corporation (Hexcel) is a composites company. The Company develops manufactures and markets lightweight structural materials including carbon fibers specialty reinforcements prepregs and other fiber-reinforced matrix materials honeycomb adhesives engineered honeycomb and composite structures for use in commercial aerospace space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers fabrics and specialty reinforcements prepregs and other fiber-reinforced matrix materials structural adhesives honeycomb molding compounds tooling materials polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.

Share this post

Leave a Reply