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

Moog Inc (NYSE:MOG.B) declared a quarterly dividend on Friday, January 24th,NASDAQ Dividends reports. Investors of record on Friday, February 7th will be paid 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 yield of 0.59%. The ex-dividend date is Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28.

Moog Trading Down 8.6 %

NYSE:MOG.B traded down $18.48 during mid-day trading on Friday, reaching $195.20. 774 shares of the company’s stock traded hands, compared to its average volume of 502. Moog has a 12-month low of $139.71 and a 12-month high of $222.00. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 30.45 and a beta of 1.12. 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 company has a 50 day moving average price of $207.05 and a 200-day moving average price of $198.30.

Moog (NYSE:MOG.B) last posted its earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share 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.