Transdigm Group Incorporated (NYSE:TDG) Raises Dividend to $90.00 Per Share

Key Points

• Transdigm Group Incorporated plans to issue a special dividend of $90.00 per share, representing a 20.0% increase from its previous dividend of $75.00.
• The stock has recently traded at around $1,394.67 with a market capitalization of $78.59 billion and shows a 52-week price range from $1,183.60 to $1,623.82.
• In the latest earnings report, Transdigm missed analysts' expectations with $9.60 earnings per share, compared to an anticipated $9.75, while reporting a quarterly revenue of $2.24 billion.

Transdigm Group Incorporated (NYSE:TDG - Get Free Report) declared a special dividend on Wednesday, August 20th, RTT News reports. Stockholders of record on Tuesday, September 2nd will be given a dividend of 90.00 per share by the aerospace company on Friday, September 12th. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a 20.0% increase from Transdigm Group's previous special dividend of $75.00.

Transdigm Group Price Performance

Shares of TDG traded up $13.8020 during trading hours on Friday, hitting $1,406.9420. The company's stock had a trading volume of 251,126 shares, compared to its average volume of 410,069. The company has a market cap of $79.28 billion, a price-to-earnings ratio of 46.70, a PEG ratio of 2.94 and a beta of 1.07. The business has a 50 day simple moving average of $1,498.97 and a two-hundred day simple moving average of $1,414.83. Transdigm Group has a 52-week low of $1,183.60 and a 52-week high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to analysts' expectations of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group's revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts predict that Transdigm Group will post 35.13 earnings per share for the current year.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.