Moog (NYSE:MOG.B) Shares Gap Up After Dividend Announcement

Moog Inc (NYSE:MOG.B - Get Free Report) shares gapped up before the market opened on Monday after the company announced a dividend. The stock had previously closed at $166.82, but opened at $170.88. Moog shares last traded at $167.62, with a volume of 31 shares.

The newly announced dividend which will be paid on Tuesday, May 27th. Stockholders of record on Friday, May 9th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Friday, May 9th. Moog's payout ratio is presently 17.96%.

Moog Stock Performance

The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 26.06 and a beta of 0.84. The company has a current ratio of 2.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.61. The firm has a fifty day simple moving average of $168.58 and a 200-day simple moving average of $189.67.

Moog (NYSE:MOG.B - Get Free Report) last released its earnings results on Friday, April 25th. The aerospace company reported $1.92 earnings per share (EPS) for the quarter. The company had revenue of $934.84 million for the quarter. Moog had a net margin of 5.80% and a return on equity of 14.44%.

Moog Company Profile

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.