Airbus SE (OTCMKTS:EADSY) Plans Dividend Increase – $0.39 Per Share

Airbus SE (OTCMKTS:EADSY) announced a dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 23rd will be paid a dividend of 0.3871 per share by the aerospace company on Friday, May 9th. The ex-dividend date of this dividend is Wednesday, April 23rd. This is a 6.5% increase from Airbus’s previous dividend of $0.36.

Airbus Stock Down 1.3 %

Shares of EADSY stock opened at $44.84 on Friday. Airbus has a twelve month low of $34.10 and a twelve month high of $47.50. The stock has a market cap of $141.86 billion, a P/E ratio of 31.14, a P/E/G ratio of 2.65 and a beta of 1.47. The stock has a 50 day moving average of $44.29 and a 200 day moving average of $40.36. The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 20th. The aerospace company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.16. The firm had revenue of $26.37 billion during the quarter, compared to analyst estimates of $24.22 billion. Airbus had a return on equity of 23.22% and a net margin of 6.10%. As a group, sell-side analysts expect that Airbus will post 1.74 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on EADSY shares. Berenberg Bank upgraded shares of Airbus from a “sell” rating to a “hold” rating in a research report on Friday, March 21st. Jefferies Financial Group lowered Airbus from a “buy” rating to a “hold” rating in a research report on Friday, February 21st. Finally, Morgan Stanley restated an “overweight” rating on shares of Airbus in a research report on Monday, March 10th.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.