Westinghouse Air Brake Technologies : 10/27/2016 October 2016 Wabtec Declares Regular Quarterly Dividend
October 27, 2016 at 10:21 am EDT
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WILMERDING, PA, October 27, 2016 - Wabtec Corporation (NYSE: WAB) declared its regular quarterly dividend of 10 cents per share, payable on Nov. 28, 2016 to holders of record on Nov. 14, 2016.
Wabtec Corporation is a global provider of value-added, technology-based products and services for the rail and transit industry. Through its subsidiaries, the company manufactures a range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new switcher and commuter locomotives, and provides aftermarket services.
Wabtec Corporation published this content on 27 October 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 October 2016 14:21:08 UTC.
Original documenthttps://www.wabtec.com/press-releases/7356/october-2016-wabtec-declares-regular-quarterly-dividend
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Westinghouse Air Brake Technologies Corporation is one of the world's leading suppliers of value-added technological equipment, systems and services for the transportation sector. The activity is aorganized primarily around 4 families of products and services:
- electronics and special products: including electronic positive train control and pneumatic braking systems, event recorders, monitoring equipment, couplings, gears, couplers, air compressors and heat exchangers;
- transit products: heating, ventilation and air conditioning equipment, doors for buses and metro cars, pantographs, window assemblies, couplers, traction motors, etc.;
- brake components and friction products;
- refurbishment, overhaul and construction services: suburban locomotive construction and switching, overhaul and refurbishment of buses, subway cars and locomotives.
Net sales per market are divided between rail freight transport (71.9%), bus, metro and high-speed train transport (28.1%).
Net sales are distributed geographically as follows: the United States (47%), North America (9.1%), Europe (17%), South America (3.6%), Africa (1.1%) and other (22.2%).