BAE Systems plc (OTCMKTS:BAESY) Raises Dividend to $1.04 Per Share

BAE Systems plc (OTCMKTS:BAESY) announced a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 22nd will be given a dividend of 1.0442 per share by the aerospace company on Monday, June 9th. The ex-dividend date is Tuesday, April 22nd. This is a 64.9% increase from BAE Systems’s previous dividend of $0.63.

BAE Systems Stock Up 1.2 %

Shares of BAESY opened at $94.08 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72. BAE Systems has a 52 week low of $56.19 and a 52 week high of $94.41. The business’s fifty day moving average price is $80.32 and its two-hundred day moving average price is $69.11.

Analyst Ratings Changes

Separately, Berenberg Bank lowered shares of BAE Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 10th.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.