PARSIPPANY, N.J., May 14, 2013 (GLOBE NEWSWIRE) -- Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation (NYSE:CW), announced that today the Board of Directors declared a dividend of ten cents ($0.10) per share on Curtiss-Wright Common Stock, payable July 12, 2013 to stockholders of record as of June 28, 2013. This represents an 11% increase over the prior dividend of $0.09 per share.
"This dividend increase reflects our confidence in Curtiss-Wright's ability to continue to deliver solid revenue and profitability growth as we execute our strategic plan, as well as our solid balance sheet," Mr. Benante said. "Overall, we remain committed to a disciplined capital deployment strategy that consists of reinvesting in our business and growing through acquisitions, combined with our continued commitment to increasing shareholder value through solid earnings per share growth, dividends and share repurchases."
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE:CW) is an innovative engineering company that provides highly engineered, critical function products, systems and services in the areas of flow control, motion control and surface treatment technologies to the defense, energy and commercial/ industrial markets. The legacy company of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of design and manufacturing innovation and prides itself on long-standing customer relationships. The company employs approximately 10,000 people worldwide. For more information, visit www.curtisswright.com.
CONTACT: Jim Ryan (973) 541-3766