Moog Inc (NYSE:MOG.B) to Issue Dividend Increase – $0.29 Per Share

Moog Inc (NYSE:MOG.B) declared a quarterly dividend on Friday, January 24th,NASDAQ Dividends reports. Shareholders of record on Friday, February 7th will be given a dividend of 0.29 per share by the aerospace company on Tuesday, February 25th. This represents a $1.16 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend is Friday, February 7th. This is a boost from Moog’s previous quarterly dividend of $0.28.

Moog Stock Down 8.6 %

MOG.B stock traded down $18.48 during mid-day trading on Friday, reaching $195.20. The company had a trading volume of 774 shares, compared to its average volume of 502. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 1.28. The stock has a 50 day simple moving average of $207.05 and a two-hundred day simple moving average of $198.30. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 30.45 and a beta of 1.12. Moog has a 52 week low of $139.71 and a 52 week high of $222.00.

Moog (NYSE:MOG.B) last issued its earnings results on Friday, January 24th. The aerospace company reported $1.78 EPS for the quarter. Moog had a return on equity of 14.18% and a net margin of 5.74%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.