Spirit Aerosystems Holdings, Inc. (SPR)
Spirit AeroSystems Holdings, Inc. (SPR) is a leading aerospace manufacturer that designs and produces aerostructures for commercial, defense, and business aviation aircraft. Headquartered in Wichita, Kansas, the company specializes in advanced composite and lightweight materials, providing major components such as fuselages, nacelles, pylons, and wing components. Spirit AeroSystems serves major aircraft manufacturers, including Boeing and Airbus, contributing to the global aerospace supply chain with a focus on innovation and efficiency.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 3, 2022 | $0.01 | 2022-09-09 | 2022-09-12 |
| July 7, 2022 | $0.01 | 2022-06-15 | 2022-06-16 |
| April 8, 2022 | $0.01 | 2022-03-17 | 2022-03-18 |
| January 3, 2022 | $0.01 | 2021-12-10 | 2021-12-13 |
| October 4, 2021 | $0.01 | 2021-09-10 | 2021-09-13 |
Dividends Summary
- Spirit Aerosystems Holdings, Inc. has issued 24 dividend payments over the past 5 years
- The most recent dividend was paid 1115 days ago, on October 3, 2022
- The highest dividend payed out to investors during this period was $0.12 per share
- The average dividend paid during this period was $0.06 per share.
Company News
The global Aircraft Milling Market is projected to grow from $21.9 billion in 2024 to $28.2 billion by 2032, with a 2.4% CAGR. Commercial aircraft and engine segments are expected to drive market growth, with North America leading the market.
The UK Competition and Markets Authority has cleared Boeing's $4.7 billion acquisition of Spirit AeroSystems. The deal proceeds despite ongoing challenges for Boeing, including worker strikes and a lawsuit from Alaska Airlines.
Boeing faces ongoing challenges in 2025, including issues with its defense business and the delayed 777X program. However, the company also has opportunities to execute on its existing backlog in commercial aerospace and defense. Successful execution on key factors like 737 MAX production, BDS profitability, and the 777X program could deliver sig...
Deutsche Bank downgraded Spirit AeroSystems' stock from Buy to Hold, citing limited upside potential due to the company's impending acquisition by Boeing at a fixed price.
Boeing (BA) is set to acquire Spirit AeroSystems for approximately $8.3 billion, including the company's most recent reported net debt.
