MTU Aero Engines AG (OTCMKTS:MTUAY) Announces Dividend Increase - $0.85 Per Share

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) declared a dividend on Tuesday, May 6th, investing.com reports. Stockholders of record on Tuesday, May 13th will be paid a dividend of 0.8513 per share on Wednesday, May 28th. This represents a dividend yield of 0.47%. The ex-dividend date is Monday, May 12th. This is a 13.2% increase from MTU Aero Engines's previous dividend of $0.75.

MTU Aero Engines Trading Up 1.5 %

Shares of OTCMKTS:MTUAY opened at $182.70 on Tuesday. MTU Aero Engines has a 52-week low of $116.89 and a 52-week high of $191.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. The company has a market capitalization of $19.67 billion, a P/E ratio of 28.91 and a beta of 1.12. The company has a 50-day simple moving average of $170.73 and a 200 day simple moving average of $169.16.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. Sell-side analysts forecast that MTU Aero Engines will post 8.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).

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