BAE Systems plc (LON:BA) Announces Dividend of GBX 13.80

BAE Systems plc (LON:BA) declared a dividend on Thursday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 6th will be given a dividend of GBX 13.80 ($0.17) per share on Monday, September 14th. This represents a yield of 2.89%. The ex-dividend date is Thursday, August 6th. The official announcement can be seen at this link.

The company has a fifty day moving average price of GBX 494.16 and a 200 day moving average price of GBX 545.12. The firm has a market capitalization of $15.34 billion and a P/E ratio of 10.34. BAE Systems has a fifty-two week low of GBX 4.80 ($0.06) and a fifty-two week high of GBX 672.80 ($8.28). The company has a debt-to-equity ratio of 87.37, a current ratio of 1.01 and a quick ratio of 0.78.

A number of research analysts have commented on the stock. UBS Group restated a “neutral” rating on shares of BAE Systems in a research note on Monday. Morgan Stanley reiterated an “overweight” rating and issued a GBX 625 ($7.69) target price on shares of BAE Systems in a research note on Thursday, June 11th. Jefferies Financial Group reaffirmed a “hold” rating on shares of BAE Systems in a report on Friday, June 26th. Deutsche Bank dropped their price objective on shares of BAE Systems from GBX 695 ($8.55) to GBX 675 ($8.31) and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Finally, Citigroup restated a “buy” rating on shares of BAE Systems in a research note on Thursday, June 18th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. BAE Systems has an average rating of “Buy” and an average target price of GBX 636.25 ($7.83).

BAE Systems Company Profile

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

Read More: What is the Coverage Ratio?

Dividend History for BAE Systems (LON:BA)

Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.