Check out the companies making headlines after the bell Monday:
Boeing got a boost after the company raised its share repurchase program to $14 billion and declared the company's quarterly dividend will increase 20 percent to $1.09 per share. Share repurchases for 2015 have been completed for a year-end total of $6.75 billion, the airplane maker said.
Pfizer inched up after it declared a 30-cent first-quarter dividend, payable in March 2016. The dividend represents a nearly 7 percent increase, to 30 cents from 28 cents per share. The first-quarter 2016 cash dividend will be the 309th consecutive quarterly dividend paid by Pfizer.
Shares of Xerox were higher after activist investor Carl Icahn reported a 8.13 percent stake in the company. That's up from 7.13 percent reported previously.
Kenmetal plummeted nearly 20 percent after the company reduced its 2016 guidance due to "weakening end market conditions." The industrial tools supplier said it expects a 30 to 60 percent decrease in previously announced guidance for earnings in the upcoming year.