MSA Safety Incorporated (MSA) To Go Ex-Dividend on November 15th

MSA Safety Incorporated (NYSE:MSA) announced a quarterly dividend on Thursday, October 31st,RTT News reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.51 per share by the industrial products company on Tuesday, December 10th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, November 15th.

MSA Safety has raised its dividend by an average of 3.0% per year over the last three years and has raised its dividend annually for the last 55 consecutive years. MSA Safety has a dividend payout ratio of 25.2% meaning its dividend is sufficiently covered by earnings. Analysts expect MSA Safety to earn $8.08 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 25.2%.

MSA Safety Stock Up 0.8 %

MSA stock opened at $175.61 on Wednesday. MSA Safety has a twelve month low of $158.86 and a twelve month high of $200.60. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The stock has a market cap of $6.90 billion, a P/E ratio of 25.38 and a beta of 0.99. The business’s 50-day moving average price is $173.02 and its 200-day moving average price is $180.23.

MSA Safety (NYSE:MSA) last posted its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.05. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. The firm had revenue of $432.68 million for the quarter, compared to analysts’ expectations of $449.95 million. During the same period in the previous year, the firm earned $1.78 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities research analysts forecast that MSA Safety will post 7.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MSA shares. William Blair raised MSA Safety to a “strong-buy” rating in a report on Tuesday, July 16th. Stifel Nicolaus upped their price objective on MSA Safety from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, July 26th. Finally, B. Riley assumed coverage on MSA Safety in a report on Tuesday, November 5th. They set a “buy” rating and a $200.00 price objective on the stock. Two analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and an average price target of $207.50.

MSA Safety 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.