MELVILLE, N.Y. –
October 4, 2021– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on November 12, 2021, to shareholders of record at the close of business on October 13, 2021. The dividend is the Company’s forty-fifth consecutive quarterly dividend. The Board of Directors is currently targeting fiscal 2022 quarterly dividend payments of $0.10 per common share. Future Common Stock dividends remain subject to compliance with financial covenants under the Company’s secured credit facility as well as Board approval.
Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in Melville, New York and with a passion for customer success, Comtech designs, develops, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.
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PCMTL
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