SAN DIEGO, Calif. – February 28, 2012 -- Cubic Corporation (NYSE: CUB) today announced its Board of Directors has declared an increase in its regular semiannual cash dividend on common stock by 33 percent from 9 cents to 12 cents per share.
The 12 cents per share dividend will be paid on March 19, 2012, to stockholders of record on March 9, 2012. Cubic has paid consecutive cash dividends to its stockholders since 1971.
“Cubic’s strong operating performance and financial strength has positioned us to increase the dividend without sacrificing our ability to invest in the future growth of our businesses,” said Cubic’s Chairman, President and CEO, Walter J. Zable.