MSA Safety Incorporated (MSA) To Go Ex-Dividend on February 14th

MSA Safety Incorporated (NYSE:MSA) declared a quarterly dividend on Wednesday, January 15th,RTT News reports. Investors of record on Friday, February 14th will be paid a dividend of 0.51 per share by the industrial products company on Monday, March 10th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, February 14th.

MSA Safety has raised its dividend payment by an average of 4.6% annually over the last three years and has raised its dividend every year for the last 24 years. MSA Safety has a payout ratio of 23.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MSA Safety to earn $7.99 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 25.5%.

MSA Safety Price Performance

Shares of MSA Safety stock opened at $165.52 on Wednesday. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48. The company has a market cap of $6.51 billion, a PE ratio of 23.92 and a beta of 1.00. The business has a 50 day moving average of $166.91 and a 200 day moving average of $172.21. MSA Safety has a 52 week low of $153.79 and a 52 week high of $200.60.

Analyst Ratings Changes

A number of brokerages recently commented on MSA. B. Riley began coverage on MSA Safety in a report on Tuesday, November 5th. They set a “buy” rating and a $200.00 target price for the company. Jefferies Financial Group began coverage on MSA Safety in a report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price objective for the company. Finally, DA Davidson began coverage on MSA Safety in a report on Thursday, December 19th. They issued a “buy” rating and a $195.00 price objective for the company. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $202.50.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.