The board of directors of Pittsburgh engineering solutions business Howmet Aerospace has announced a dividend of 4 cents per share on its outstanding common stock.
The payment is due on May 25 to the holders of record of the common stock at close of business on May 5, while a dividend of 93.75 cents per share on the outstanding $3.75 cumulative preferred or Class A stock is to be paid in July, to the holders at close of business on June 9.
Howmet describes itself as "is a leading global provider of advanced engineered solutions for the aerospace and transportation industries" with "primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components".