TransDigm Group announced that its Board of Directors has authorized and declared a special cash dividend of $75.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is October 4, 2024, and the payment date for the dividend is October 18, 2024.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDG:
- TransDigm Group Declares a Special Cash Dividend of $75.00 Per Share and Announces Successful Completion of Incremental Debt
- TransDigm Group Prices $1.5 Billion Secured Notes Offering
- TransDigm price target raised to $1,435 from $1,350 at JPMorgan
- TransDigm Group to Raise $3 Billion for Dividend, Costs
- TransDigm price target lowered to $1,515 from $1,625 at Jefferies
