Shares of Safran SA (OTCMKTS:SAFRF – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $275.93 and traded as high as $303.04. Safran shares last traded at $295.99, with a volume of 1,618 shares.
Safran Trading Up 2.8%
The firm has a fifty day simple moving average of $275.93 and a 200-day simple moving average of $255.66.
Safran Announces Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 28th were issued a dividend of $2.90 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 1.13%. Safran’s dividend payout ratio is presently 29.78%.
Safran Company Profile
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.
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