Kaman sees FY13 Aerospace segment sales of $620M-$635M, up 6.7% to 9.3% Sees FY13 Aerospace segment operating margins of 16%-16.5%. Sees distribution segment sales of $1.08B-$1.12B, up 6.7% to 10.2% over 2012. Sees distribution segment operating margins of 5.2%-5.6%. Sees interest expense of approximately $13M. Sees corporate expenses of approximately $50M. Sees tax rate of approximately 35%.Sees CapEx of $40M-$45M. Sees free cash flow of $35M-$40M.
Kaman raises quarterly dividend by 12.5% to 18c per share Kaman announced that its board voted to increase the quarterly dividend on the company’s common shares 12.5% to 18c per share. The increased dividend will be paid on April 7, to shareholders of record on March 17.