MSA Safety Incorporporated Declares Quarterly Dividend of $0.53 (NYSE:MSA)

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. Investors of record on Friday, August 15th will be given 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%.

MSA Safety Incorporporated has a payout ratio of 24.5% indicating that its dividend is sufficiently covered by earnings. 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 Stock Performance

MSA traded up $1.09 on Monday, hitting $176.32. 1,718 shares of the company's stock were exchanged, compared to its average volume of 203,101. The company has a current ratio of 2.94, a quick ratio of 1.84 and a debt-to-equity ratio of 0.40. The stock has a fifty day moving average of $169.88 and a two-hundred day moving average of $160.26. MSA Safety Incorporporated has a twelve month low of $127.86 and a twelve month high of $187.41. The firm has a market cap of $6.93 billion, a PE ratio of 24.29 and a beta of 0.96.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. DA Davidson upped their price target on shares of MSA Safety Incorporporated from $183.00 to $203.00 and gave the company a "buy" rating in a report on Tuesday, July 22nd. Robert W. Baird set a $166.00 target price on MSA Safety Incorporporated in a report on Monday, May 5th. Stifel Nicolaus began coverage on MSA Safety Incorporporated in a research note on Wednesday, July 16th. They issued a "hold" rating and a $182.00 price objective on the stock. Wall Street Zen downgraded MSA Safety Incorporporated from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Finally, B. Riley restated a "buy" rating and set a $195.00 price target (down from $200.00) on shares of MSA Safety Incorporporated in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $189.20.

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.

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