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Comtech Telecommunications Corp. Declares $0.30 Per Share Quarterly Cash Dividend

MELVILLE, N.Y.--(BUSINESS WIRE)-- March 10, 2016-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on May 20, 2016, to shareholders of record at the close of business on April 20, 2016. The dividend is the Company's twenty-third consecutive quarterly dividend. While future dividends will be subject to Board approval, the Board of Directors is currently targeting fiscal 2016 dividend payments aggregating $1.20 per share.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a leader in most of the market segments that it serves.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.


Michael D. Porcelain, Senior Vice President and Chief Financial Officer

Source: Comtech Telecommunications Corp.

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