Hexcel Corporation (NYSE:HXL – Get Free Report) declared a quarterly dividend on Wednesday, January 28th. Investors of record on Monday, February 9th will be paid a dividend of 0.18 per share by the aerospace company on Tuesday, February 17th. Hexcel has decreased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 3 years. Hexcel has a dividend payout ratio of 27.0% indicating that its dividend is sufficiently covered by earnings. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 377 shares during the period.