The board of directors of Triumph Group, Inc. of Berwyn has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock, payable Sept. 15 to shareholders of record.

That’s good news for investors, as David Englander of Barrons.com recently reported Triumph Group hasn’t been flying high, and that its stock dropped 20 percent in the last year.  Englander reported Triumph experienced difficulties with a large contract for building fuselages for Boeing’s 747-8 jumbo jet.

Boeing, Triumph’s largest customer, cut production of the jet from two planes to 1.5 per month, and investors feared more cuts, Englander reported.  Read the entire Barron’s story here:

Triumph consists of 45 highly specialized manufacturing companies organized into aerostructure, aerospace systems and aftermarket services groups.  The firm designs, engineers, manufactures, repairs and overhauls a broad portfolio of aircraft systems and assemblies.  Its customers include commercial and regional airlines, businesses, the military and air cargo carriers.