Moog Inc (NYSE:MOG.B) Plans Dividend Increase – $0.29 Per Share

Moog Inc (NYSE:MOG.B) declared a quarterly dividend on Friday, January 24th,NASDAQ Dividends reports. Stockholders of record on Friday, February 7th will be given a dividend of 0.29 per share by the aerospace company on Tuesday, February 25th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, February 7th. This is an increase from Moog’s previous quarterly dividend of $0.28.

Moog Stock Down 8.6 %

Shares of NYSE:MOG.B opened at $195.20 on Friday. The business’s 50 day moving average is $207.05 and its 200 day moving average is $198.30. Moog has a 12-month low of $139.71 and a 12-month high of $222.00. The stock has a market cap of $6.25 billion, a price-to-earnings ratio of 30.45 and a beta of 1.12. The company has a quick ratio of 1.28, a current ratio of 2.14 and a debt-to-equity ratio of 0.47.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share (EPS) for the quarter. Moog had a net margin of 5.74% and a return on equity of 14.18%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.