Cubic Corp. said that it will pay out a semiannual dividend of 12 cents per share March 14. Dividends will go to shareholders of record on March 3.

The board of San Diego-based Cubic (NYSE: CUB) approved the dividend when it met on Feb. 18.

Cubic splits its business between defense contracting and mass-transit fare collection equipment. The business said it has consistently paid cash dividends since 1971.

Cubic said on Feb. 10 that it will have to restate its financial results for its 2012 and 2013 fiscal years, adding that it will amend its securities filings as soon as reasonably practicable.