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 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.
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