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

Moog Inc (NYSE:MOG.B) shares hit a new 52-week high 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 traded. 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 issued a dividend of $0.28 per share. The ex-dividend date is Thursday, May 9th. This represents a $1.12 annualized dividend and a yield of 0.70%. Moog’s payout ratio is presently 19.02%.

Moog Stock Up 3.7 %

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

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