MSA Safety Incorporporated (NYSE:MSA) Shares Set to Pay Quarterly Dividend of $0.54

MSA Safety Incorporporated (NYSE:MSA) declared a quarterly dividend on Friday, October 30th. Investors of record on Friday, November 13th will be given a dividend of $0.54 per share by the industrial products company on Thursday, December 10th. This represents a $2.16 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, November 13th.

MSA Safety Incorporporated has a dividend payout ratio of 25.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect MSA Safety Incorporporated to earn $9.98 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 21.6%.

MSA Safety Incorporporated Trading Up 1.3%

Shares of NYSE MSA opened at $175.24 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 1.66 and a debt-to-equity ratio of 0.76. MSA Safety Incorporporated has a one year low of $152.86 and a one year high of $208.92. The business has a 50-day moving average price of $180.77 and a two-hundred day moving average price of $177.95. The firm has a market capitalization of $6.75 billion, a PE ratio of 22.52 and a beta of 0.92.

MSA Safety Incorporporated (NYSE:MSA) last released its quarterly earnings data on Monday, November 2nd. The industrial products company reported $2.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.09. MSA Safety Incorporporated had a return on equity of 24.86% and a net margin of 15.03%. The firm had revenue of $536.43 million during the quarter, compared to analysts’ expectations of $528.39 million. During the same quarter last year, the firm earned $1.77 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. As a group, analysts predict that MSA Safety Incorporporated will post 9.10 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Madison Asset Management LLC increased its holdings in MSA Safety Incorporporated by 3.6% during the 1st quarter. Madison Asset Management LLC now owns 588,568 shares of the industrial products company’s stock valued at $96,496,000 after purchasing an additional 20,324 shares in the last quarter. Royce & Associates LP boosted its stake in MSA Safety Incorporporated by 10.7% in the third quarter. Royce & Associates LP now owns 374,248 shares of the industrial products company’s stock worth $66,571,000 after purchasing an additional 36,280 shares in the last quarter. Royal Bank of Canada boosted its stake in MSA Safety Incorporporated by 42.5% in the first quarter. Royal Bank of Canada now owns 218,070 shares of the industrial products company’s stock worth $35,752,000 after purchasing an additional 65,002 shares in the last quarter. Sei Investments Co. boosted its stake in MSA Safety Incorporporated by 6.1% in the first quarter. Sei Investments Co. now owns 205,135 shares of the industrial products company’s stock worth $33,633,000 after purchasing an additional 11,788 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in shares of MSA Safety Incorporporated by 19.9% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 176,593 shares of the industrial products company’s stock worth $31,412,000 after purchasing an additional 29,289 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors and hedge funds.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops and manufactures products that help protect workers and first responders. Its offerings include portable and fixed gas and flame detection systems, respiratory protection equipment, protective helmets and other head and eye protection, and fall protection systems. The company serves customers in industries such as oil and gas, construction, utilities, mining and manufacturing, as well as fire and emergency services. Its products and safety solutions are sold in markets around the world.