MSA Safety Incorporporated to Issue Quarterly Dividend of $0.53 (NYSE:MSA)

MSA Safety Incorporporated (NYSE:MSA) announced a quarterly dividend on Thursday, January 15th. Shareholders of record on Friday, February 13th will be paid a dividend of 0.53 per share by the industrial products company on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, February 13th.

MSA Safety Incorporporated has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 56 years. MSA Safety Incorporporated has a dividend payout ratio of 24.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect MSA Safety Incorporporated to earn $8.79 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 24.1%.

MSA Safety Incorporporated Stock Performance

NYSE:MSA traded up $2.51 on Thursday, hitting $182.63. The company’s stock had a trading volume of 213,158 shares, compared to its average volume of 224,482. MSA Safety Incorporporated has a one year low of $127.86 and a one year high of $183.07. The firm has a market capitalization of $7.15 billion, a P/E ratio of 25.76 and a beta of 0.97. The stock has a fifty day moving average of $162.18 and a two-hundred day moving average of $168.01. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 0.48.

MSA Safety Incorporporated (NYSE:MSA) last announced its earnings results on Tuesday, October 28th. The industrial products company reported $1.94 EPS for the quarter, topping the consensus estimate of $1.90 by $0.04. MSA Safety Incorporporated had a net margin of 15.02% and a return on equity of 25.24%. The business had revenue of $468.45 million during the quarter, compared to the consensus estimate of $461.37 million. During the same quarter in the previous year, the firm posted $1.83 EPS. MSA Safety Incorporporated’s revenue was up 8.3% compared to the same quarter last year. Research analysts predict that MSA Safety Incorporporated will post 8.06 earnings per share for the current year.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops, manufactures and supplies a wide range of safety products designed to protect workers in hazardous environments. The company’s offerings span personal protective equipment such as industrial helmets, face shields, protective clothing and fall protection devices, as well as fixed and portable gas detection and monitoring systems. MSA’s products are used in industries including oil and gas, mining, construction, fire service, and chemical processing to guard against risks such as gas leaks, impacts, flame exposure and falls from height.

Key product lines include self-contained breathing apparatus (SCBA) and air-purifying respirators, gas detectors and sensors, head and face protection, and fall arrest systems.