Moog (NYSE:MOG.B) Sees Large Volume Increase After Dividend Announcement

Moog Inc (NYSE:MOG.B) shares saw strong trading volume on Monday after the company announced a dividend. 774 shares were traded during trading, an increase of 54% from the previous session’s volume of 502 shares.The stock last traded at $189.64 and had previously closed at $213.68.

The newly announced dividend which will be paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio (DPR) is 17.47%.

Moog Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 1.28. The stock has a market capitalization of $5.97 billion, a PE ratio of 29.69 and a beta of 1.12. The stock has a 50 day moving average of $207.05 and a two-hundred day moving average of $198.70.

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

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.