The Westinghouse Air Brake Technologies Board of Directors announced a quarterly dividend of $0.15 per share. The last day to buy securities to receive the dividend is May 18, 2022. The annual dividend yield may reach 0.58%.

Westinghouse Air Brake Technologies' GAAP net income for 3 months of 2022 was $150 million, up 30.4% from $115 million in the previous year. Revenues increased 5.3% to $1.927 billion from $1.83 billion a year earlier.

Westinghouse Air Brake Technologies' GAAP net income for 2021 was $565 million, up 37.1 percent from $412 million in the previous year. Revenue increased 3.5% to $7.822 billion from $7.556 billion a year earlier.

Wabtec will deliver two FLXdrive battery electric locomotives to BHP Western Australia in 2023. The FLXdrive is recharged both through charging stations and by means of regenerative braking, and the total battery capacity of the electric locomotive is 7 MW*h. The cost of the electric locomotives was not disclosed.