AJRD - Dividend announcements

EL SEGUNDO, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three months ended March 31, 2023. Financial Overview  Three months ended March 31,  2023   2022  (In millions, except percentage and per share amounts)Net sales$566.3  $511.1 Net income 27.8   27.8 Net income as a percentage of net sales 4.9%  5.4%Adjusted Net Income (Non-GAAP measure*) 34.4   36.9 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 6.1%  7.2%Earnings Per Share ("EPS") - Diluted 0.34   0.33 Adjusted EPS (Non-GAAP measure*) 0.43   0.44 Adjusted EBITDAP (Non-GAAP measure*) 58.7   69.3 Adjusted EBITDAP (Non-GAAP m

EL SEGUNDO, Calif., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the fourth quarter and year ended December 31, 2022. Financial Overview  Three months ended December 31, Year ended December 31,  2022   2021   2022   2021  (In millions, except percentage and per share amounts)Net sales$648.2  $589.7  $2,237.6  $2,188.0 Net income 16.1   41.0   74.0   146.6 Net income as a percentage of net sales 2.5%  7.0%  3.3%  6.7%Adjusted Net Income (Non-GAAP measure*) 25.2   38.5   115.0   164.5 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 3.9%  6.5%  5.1%  7.5%Earnings Per Share ("EPS") - Diluted 0.2

EL SEGUNDO, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three and nine months ended September 30, 2022. Financial Overview  Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 (In millions, except percentage and per share amounts)Net sales$549.8  $545.3  $1,589.4  $1,598.3 Net income 13.7   42.5   57.9   105.6 Net income as a percentage of net sales 2.5%  7.8%  3.6%  6.6%Adjusted Net Income (Non-GAAP measure*) 36.7   47.7   89.8   126.0 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 6.7%  8.7%  5.6%  7.9%Earnings Per Share ("EPS") - Diluted 0.17

EL SEGUNDO, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three and six months ended June 30, 2022. Financial Overview  Three months ended June 30, Six Months ended June 30, 2022 2021 2022 2021 (In millions, except percentage and per share amounts)Net sales$528.5  $556.9  $1,039.6  $1,053.0 Net income 16.4   45.0   44.2   63.1 Net income as a percentage of net sales 3.1%  8.1%  4.3%  6.0%Adjusted Net Income (Non-GAAP measure*) 16.2   49.1   53.1   78.3 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 3.1%  8.8%  5.1%  7.4%Earnings Per Share ("EPS") - Diluted 0.20   0.54   0.53  

EL SEGUNDO, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three months ended March 31, 2022. Financial Overview  Three months ended March 31,  2022   2021  (In millions, except percentage and per share amounts)Net sales$511.1  $496.1 Net income 27.8   18.1 Net income as a percentage of net sales 5.4%  3.6%Adjusted Net Income (Non-GAAP measure*) 36.9   29.3 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 7.2%  5.9%Earnings Per Share ("EPS") - Diluted 0.33   0.22 Adjusted EPS (Non-GAAP measure*) 0.44   0.36 Adjusted EBITDAP (Non-GAAP measure*) 69.3   58.5 Adjusted EBITDAP (Non-

Steel Partners Holdings L.P. (together with its affiliates, "Steel Partners" or "we"), which owns approximately 5.2% of the outstanding shares of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) ("Aerojet Rocketdyne" or the "Company") and has nominated seven highly qualified candidates for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of Shareholders (the "Annual Meeting"), today issued the following letter: Fellow Shareholders, Steel Partners is one of the largest shareholders of Aerojet Rocketdyne, with ownership of approximately 5.2% of the Company's outstanding shares. We are also a long-term shareholder that has spent nearly 15 years supporting th

Record fourth quarter and full year sales of $590 million and $2,188 million, respectively$6.8 billion backlog greater than 3x annual sales2021 Adjusted EBITDAP increased 10% and 2021 EBITDAP margin increased 60 basis points over the prior year EL SEGUNDO, Calif., Feb. 18, 2022 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the fourth quarter and year ended December 31, 2021. Financial Overview  Three months endedDecember 31, Year EndedDecember 31,  2021   2020   2021   2020  (In millions, except percentage and per share amounts)                Net sales$589.7  $556.5  $2,188.0  $2,072.7 Net income 38.0   35.4   143.7   137.7 

EL SEGUNDO, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three months ended September 30, 2021. Financial Overview  Three months ended September 30, Nine Months ended September 30, 2021 2020 2021 2020 (In millions, except percentage and per share amounts)Net sales$545.3  $527.7   $1,598.3  $1,516.2 Net income42.6  31.7   105.7  102.3 Net income as a percentage of net sales7.8% 6.0 % 6.6% 6.7%Adjusted Net Income (Non-GAAP measure*)47.8  31.7   126.1  99.6 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales8.8% 6.0 % 7.9% 6.6%Earnings Per Share ("EPS") - Diluted0.52  0.38   1.29  1.23 

EL SEGUNDO, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three months ended June 30, 2021. Financial Overview  Three months ended June 30, Six Months ended June 30, 2021 2020 2021 2020 (In millions, except percentage and per share amounts)Net sales$556.9  $512.4  $1,053.0  $988.5 Net income45.0  39.2  63.1  70.6 Net income as a percentage of net sales8.1% 7.7% 6.0% 7.1%Adjusted Net Income (Non-GAAP measure*)49.1  38.5  78.3  67.9 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales8.8% 7.5% 7.4% 6.9%Earnings Per Share ("EPS") - Diluted0.54  0.47  0.77  0.84 Adjusted EPS (Non-GAAP meas

EL SEGUNDO, Calif., April 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the "Company") today reported results for the three months ended March 31, 2021. Financial Overview  Three months ended March 31, 2021 2020 (In millions, except percentage and per share amounts)Net sales$496.1  $476.1 Net income18.1  31.4 Net income as a percentage of net sales3.6% 6.6%Adjusted Net Income (Non-GAAP measure*)29.3  29.4 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales5.9% 6.2%Earnings Per Share ("EPS") - Diluted0.22  0.37 Adjusted EPS (Non-GAAP measure*)0.36  0.35 Adjusted EBITDAP (Non-GAAP measure*)58.5  62.4 Adjusted EBITDAP (Non-GAAP measure*) as a pe

EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. The special dividend was paid to holders of record as of March 10, 2021. Payment of the special cash dividend was made in connection with the anticipated acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (NYSE: LMT) in an all-cash transaction previously announced on December 20, 2020. Under the terms of the acquisition agreement, Aerojet Rocketdyne’s payment of the special dividend adjusts the consi

EL SEGUNDO, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the fourth quarter and year ended December 31, 2020. Financial Overview  Three months ended December 31, Year Ended December 31, 2020 2019 2020 2019 (In millions, except percentage and per share amounts)Net sales$556.5  $523.0  $2,072.7  $1,981.5 Net income35.4  25.3  137.7  141.0 Net income as a percentage of net sales6.4% 4.8% 6.6% 7.1%Adjusted Net Income (Non-GAAP measure*)38.8  23.0  138.4  130.1 Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales7.0% 4.4% 6.7% 6.6%Earnings Per Share (“EPS”) - Diluted0.43  0.30  1.6

Purchase Price Represents a Premium of Approximately 33% Companies’ Complementary Capabilities and Talent to Enable Growth in Hypersonics, Tactical Missiles, Integrated Air and Missile Defense, Strategic Systems and Space Exploration Transaction Provides Greater Value and Innovation for Customers by Integrating Critical Component of Supply Chain EL SEGUNDO, Calif., Dec. 20, 2020 (GLOBE NEWSWIRE) --  Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced that it has entered into a definitive agreement to be acquired by Lockheed Martin Corporation (NYSE: LMT) in an all-cash transaction with a total equity value of $5.0 billion. Under the terms of the agreement, which has been una

BETHESDA, Md., Dec. 20, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for $56 per share in cash, which is expected to be reduced to $51 per share after the payment of a pre-closing special dividend. This represents a post-dividend equity value of $4.6 billion and a total transaction value of $4.4 billion including the assumption of net cash. As part of approving the transaction, Aerojet Rocketdyne announced a special cash dividend, revocable at its option through the payment date, of $5 per share to its holders of record of common stock and convertible senio