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updated: 1/21/2013 8:49 AM

AAR declares quarterly dividend

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This corrects an earlier version that incorrectly listed the amount of the dividend

Aircraft maintenance and support company AAR of Wood Dale said its board of directors declared a quarterly cash dividend of.075 cents per share, to be paid on Feb. 12 to stockholders of record as of the close of business on January 29.

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Future cash dividends will be subject to the approval of the board, the company said.

AAR is a global aerospace and defense contractor that employs more than 6,000 people in 17 countries. The company's services include inventory management and parts distribution; aircraft maintenance, repair and overhaul; and expeditionary airlift. AAR's products include cargo systems and containers; mobility systems and shelters; advanced aerostructures; and specialized command and control systems.

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