MSA Safety Incorporporated (NYSE:MSA) to Issue $0.53 Quarterly Dividend

Key Points

• MSA Safety Incorporated declared a quarterly dividend of $0.53 per share, with payment scheduled for September 10th, benefiting investors of record on August 15th.
• The company maintains a payout ratio of 24.5%, indicating strong earnings capacity to support its dividend payments.
• Analysts have mixed ratings on the stock, with a range of price targets from $166.00 to $203.00 and an average rating of "Hold".

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) declared a quarterly dividend on Monday, August 4th, RTT News reports. Stockholders of record on Friday, August 15th will be paid a dividend of 0.53 per share by the industrial products company on Wednesday, September 10th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, August 15th.

MSA Safety Incorporporated has a dividend payout ratio of 24.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect MSA Safety Incorporporated to earn $8.79 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 24.1%.

MSA Safety Incorporporated Price Performance

Shares of NYSE:MSA traded down $2.40 during trading on Friday, reaching $174.54. The company had a trading volume of 285,686 shares, compared to its average volume of 206,067. MSA Safety Incorporporated has a 12 month low of $127.86 and a 12 month high of $187.41. The company has a current ratio of 3.11, a quick ratio of 1.84 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average of $171.20 and a two-hundred day moving average of $160.71. The stock has a market capitalization of $6.86 billion, a P/E ratio of 24.90 and a beta of 0.96.

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The industrial products company reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.76 by $0.17. The company had revenue of $474.12 million during the quarter, compared to analyst estimates of $446.46 million. MSA Safety Incorporporated had a return on equity of 26.03% and a net margin of 15.15%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $2.01 EPS. Equities research analysts forecast that MSA Safety Incorporporated will post 8.06 earnings per share for the current year.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.