TAT Technologies, which provides services and products for the commercial and military aerospace industries, has declared a $2m cash dividend, worth $0.23 per share, for all shareholders of TAT Technologies. The dividend will be paid to shareholders of record on 21 April, 2014. TAT Technologies will pay the dividend on 7 May, 2014. It has also approved the sale of 195,000 ordinary shares in TAT Technologies, at an exercise price of $8.79 per share. TAT is a manufacturer of heat management solutions, electric motion systems and heat transfer services, as well as being a component MRO.