Exelis Board Declares 10-Cent Dividend

ExelisLogoITT Exelis‘ (NYSE: XLS) board of directors has declared a cash dividend of 10.33 cents per share for the first quarter of its 2013 fiscal year.

Shareholders of record as of March 15, 2013 will receive the payment April 1, the company said Thursday.

The board has also scheduled the company’s 2013 annual shareholders’ meeting for 10:30 a.m. Eastern time on May 8.

Details of the annual meeting will be included in a proxy statement, which shareholders should receive in late March, Exelis said.

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