Safran SA (OTCMKTS:SAFRF) Announces Dividend of $2.90

Safran SA (OTCMKTS:SAFRF) declared a dividend on Thursday, May 22nd, investing.com reports. Stockholders of record on Wednesday, May 28th will be paid a dividend of 2.90 per share on Monday, June 2nd. This represents a dividend yield of 1.13%. The ex-dividend date of this dividend is Tuesday, May 27th.

Safran Stock Up 1.6%

OTCMKTS:SAFRF opened at $296.37 on Friday. Safran has a 52 week low of $202.27 and a 52 week high of $297.50. The firm’s fifty day moving average is $263.02 and its 200-day moving average is $247.78.

About Safran

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.