VSE Corporation(VSEC) Declares Dividend of $0.0600.

Original Post Source

VSE Corporation (VSEC) had declared a cash dividend of $0.0600 on Dec 22, 2016. The shares will quote ex-dividend on Jan 30, 2017 and the record date has been fixed for Feb 1, 2017. Based on Jan 30, 2017 share price, the yield comes out to be 0.59%. The dividend payable date has been fixed on Feb 15, 2017.

VSE Corporation (VSEC) made into the market gainers list on Wednesdays trading session with the shares advancing 0.27% or 0.1 points. Due to strong positive momentum, the stock ended at $37.38, which is also near the day’s high of $38.23. The stock began the session at $37.34 and the volume stood at 8,572 shares. The 52-week high of the shares is $42.69 and the 52 week low is $26.16. The company has a current market capitalization of $404 M and it has 1,07,98,684 shares in outstanding.

VSE Corporation(VSEC) last announced its earnings results on Jul 29, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $1.10.

Several Insider Transactions has been reported to the SEC. On Dec 12, 2016, Bonnie K Wachtel (director) sold 800 shares at $40.88 per share price.Also, On Aug 5, 2016, Paul William Goffredi (President, VSE Aviation, Inc.) purchased 457 shares at $33.02 per share price.On Sep 18, 2015, Thomas M Kiernan (General Counsel and Secretary) purchased 275 shares at $37.00 per share price, according to the Form-4 filing with the securities and exchange commission.

VSE Corporation serves as a centralized managing and consolidating entity for its business operations. The Company operates in four segments: Supply Chain Management; International; Federal and IT Energy and Management Consulting. The Company’s business operations consist of vehicle fleet and equipment sustainment services including supply chain management services and technical services including logistics engineering information technology (IT) solutions health care IT and consulting services. It serves the United States Government (the Government) including the United States Department of Defense (DoD) and federal civilian agencies the United States Postal Service (USPS) commercial customers and other clients. Its service offerings include supply chain and inventory management services; engineering support for military vehicles and combat trailers; ship maintenance overhaul and follow-on technical support and medical command and control among others.

Leave a Reply

Your email address will not be published. Required fields are marked *