BAE Systems plc (OTCMKTS:BAESY - Get Free Report) announced a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 22nd will be paid a dividend of 1.0442 per share by the aerospace company on Monday, June 9th. The ex-dividend date of this dividend 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 %
OTCMKTS BAESY traded up $1.08 during midday trading on Friday, hitting $91.24. The company had a trading volume of 1,100,878 shares, compared to its average volume of 596,214. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems has a twelve month low of $56.19 and a twelve month high of $96.00. The firm has a 50-day moving average price of $82.76 and a 200-day moving average price of $69.75.
Wall Street Analyst Weigh In
Separately, Berenberg Bank cut BAE Systems from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 10th.
View Our Latest Research Report on BAESY
About BAE Systems
(
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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.
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