Safran SA (OTCMKTS:SAFRY) Announces Dividend of $0.61

Safran SA (OTCMKTS:SAFRY - Get Free Report) declared a dividend on Friday, May 23rd, investing.com reports. Stockholders of record on Thursday, May 29th will be given a dividend of 0.6108 per share on Monday, June 23rd. This represents a dividend yield of 0.82%. The ex-dividend date is Wednesday, May 28th. This is a 3.2% increase from Safran's previous dividend of $0.59.

Safran Stock Up 2.9%

OTCMKTS SAFRY traded up $2.11 on Wednesday, reaching $74.71. The company's stock had a trading volume of 161,476 shares, compared to its average volume of 311,763. Safran has a 52 week low of $51.02 and a 52 week high of $74.75. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88. The business has a 50-day moving average price of $65.91 and a 200 day moving average price of $62.23.

Analyst Ratings Changes

SAFRY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Safran in a report on Thursday, May 22nd. Kepler Capital Markets upgraded Safran from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. One analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Safran currently has a consensus rating of "Buy".

Safran Company Profile

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.