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

MSA Safety Incorporated (NYSE:MSA) announced a quarterly dividend on Wednesday, January 15th,RTT News reports. Investors of record on Friday, February 14th will be given 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 yield of 1.24%. The ex-dividend date is Friday, February 14th.

MSA Safety has raised its dividend payment by an average of 4.6% per year over the last three years and has increased its dividend annually for the last 55 consecutive years. MSA Safety has a payout ratio of 23.4% meaning its dividend is sufficiently covered by earnings. Equities 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 Stock Up 0.9 %

MSA opened at $164.36 on Friday. MSA Safety has a twelve month low of $153.79 and a twelve month high of $200.60. The company’s 50-day moving average price is $169.86 and its two-hundred day moving average price is $175.43. The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 23.75 and a beta of 1.00. The company has a quick ratio of 1.56, a current ratio of 2.68 and a debt-to-equity ratio of 0.48.

MSA Safety (NYSE:MSA) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.05. The business had revenue of $432.68 million during the quarter, compared to analyst estimates of $449.95 million. MSA Safety had a return on equity of 29.14% and a net margin of 15.16%. MSA Safety’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.78 earnings per share. As a group, equities analysts expect that MSA Safety will post 7.67 earnings per share for the current year.

Analyst Ratings Changes

MSA has been the topic of a number of research reports. DA Davidson began coverage on MSA Safety in a research note on Thursday, December 19th. They issued a “buy” rating and a $195.00 price objective on the stock. B. Riley assumed coverage on shares of MSA Safety in a research report on Tuesday, November 5th. They issued a “buy” rating and a $200.00 price target on the stock. Finally, Jefferies Financial Group began coverage on shares of MSA Safety in a report on Thursday, December 12th. They issued a “hold” rating and a $200.00 price objective for the company. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $202.50.

About MSA Safety

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.