Moog (NYSE:MOG.B) Sets New 52-Week High After Dividend Announcement

Moog Inc (NYSE:MOG.B) reached a new 52-week high during trading on Monday following a dividend announcement from the company. The company traded as high as $161.47 and last traded at $161.47, with a volume of 31 shares changing hands. The stock had previously closed at $155.07.

The newly announced dividend which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 10th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, May 9th. Moog’s dividend payout ratio is presently 19.02%.

Moog Price Performance

The stock has a market capitalization of $5.14 billion, a PE ratio of 27.30 and a beta of 1.16. The business’s 50-day moving average price is $151.15 and its 200 day moving average price is $141.08. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.34 and a current ratio of 2.15.

Moog (NYSE:MOG.B) last posted its quarterly earnings data on Friday, April 26th. The aerospace company reported $2.19 earnings per share (EPS) for the quarter. Moog had a return on equity of 13.81% and a net margin of 5.41%. The company had revenue of $930.30 million during the quarter.

Moog Company Profile

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.