MSA Safety Incorporporated (NYSE:MSA) Announces Quarterly Dividend of $0.54

MSA Safety Incorporporated (NYSE:MSAGet Free Report) announced a quarterly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be paid a dividend of 0.54 per share by the industrial products company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, August 14th.

MSA Safety Incorporporated has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 56 consecutive years. MSA Safety Incorporporated has a payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MSA Safety Incorporporated to earn $9.68 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 22.3%.

MSA Safety Incorporporated Stock Performance

MSA Safety Incorporporated stock traded up $2.29 during midday trading on Monday, hitting $192.56. 433,076 shares of the company’s stock were exchanged, compared to its average volume of 267,009. MSA Safety Incorporporated has a 12-month low of $151.10 and a 12-month high of $208.92. The company has a debt-to-equity ratio of 0.42, a quick ratio of 2.02 and a current ratio of 3.24. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 23.95 and a beta of 0.95. The firm’s 50 day simple moving average is $168.43 and its 200 day simple moving average is $175.17.

MSA Safety Incorporporated (NYSE:MSAGet Free Report) last posted its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.26. MSA Safety Incorporporated had a net margin of 16.13% and a return on equity of 25.12%. The company had revenue of $503.33 million for the quarter, compared to analyst estimates of $496.27 million. During the same period in the previous year, the business posted $1.93 earnings per share. MSA Safety Incorporporated’s quarterly revenue was up 6.2% on a year-over-year basis. Equities research analysts predict that MSA Safety Incorporporated will post 8.86 EPS for the current year.

About MSA Safety Incorporporated

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MSA Safety Incorporated develops, manufactures and supplies a wide range of safety products designed to protect workers in hazardous environments. The company’s offerings span personal protective equipment such as industrial helmets, face shields, protective clothing and fall protection devices, as well as fixed and portable gas detection and monitoring systems. MSA’s products are used in industries including oil and gas, mining, construction, fire service, and chemical processing to guard against risks such as gas leaks, impacts, flame exposure and falls from height.

Key product lines include self-contained breathing apparatus (SCBA) and air-purifying respirators, gas detectors and sensors, head and face protection, and fall arrest systems.

See Also

Dividend History for MSA Safety Incorporporated (NYSE:MSA)

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