BAE Systems plc (BAESY) to Issue Dividend of $1.04 on June 9th

BAE Systems plc (OTCMKTS:BAESY) announced a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 22nd will be given a dividend of 1.0442 per share by the aerospace company on Monday, June 9th. The ex-dividend date is Tuesday, April 22nd. This is a 64.9% increase from BAE Systems’s previous dividend of $0.63.

BAE Systems Trading Up 1.2 %

Shares of BAE Systems stock opened at $94.08 on Friday. BAE Systems has a twelve month low of $56.19 and a twelve month high of $94.41. The company has a 50-day simple moving average of $80.32 and a two-hundred day simple moving average of $69.11. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72.

Analyst Ratings Changes

Separately, Berenberg Bank lowered BAE Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 10th.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.