MSA Safety Incorporporated (NYSE:MSA) Stock to Pay Quarterly Dividend of $0.54

MSA Safety Incorporporated (NYSE:MSA) announced a quarterly dividend on Friday, October 30th. Investors of record on Friday, November 13th will be paid a dividend of $0.54 per share by the industrial products company on Thursday, December 10th. This represents a $2.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, November 13th.

MSA Safety Incorporporated has a dividend payout ratio of 25.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect MSA Safety Incorporporated to earn $9.98 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 21.6%.

MSA Safety Incorporporated Stock Up 1.3%

MSA opened at $175.24 on Wednesday. MSA Safety Incorporporated has a fifty-two week low of $152.86 and a fifty-two week high of $208.92. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.66 and a current ratio of 2.65. The company has a fifty day moving average of $180.77 and a two-hundred day moving average of $177.95. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 19.53 and a beta of 0.92.

MSA Safety Incorporporated (NYSE:MSA) last posted its earnings results on Monday, November 2nd. The industrial products company reported $2.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.09. MSA Safety Incorporporated had a net margin of 15.03% and a return on equity of 24.86%. The business had revenue of $536.43 million for the quarter, compared to analyst estimates of $528.39 million. During the same period in the prior year, the company posted $1.77 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, research analysts expect that MSA Safety Incorporporated will post 9.10 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. Robert W. Baird raised their price objective on MSA Safety Incorporporated from $197.00 to $215.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings cut shares of MSA Safety Incorporporated from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, November 4th. Stifel Nicolaus set a $202.00 price target on shares of MSA Safety Incorporporated in a report on Monday. DA Davidson reduced their price objective on shares of MSA Safety Incorporporated from $223.00 to $216.00 and set a “buy” rating for the company in a research report on Monday. Finally, Wall Street Zen downgraded shares of MSA Safety Incorporporated from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $209.00.

MSA Safety Incorporporated Company Profile

MSA Safety Incorporated develops and manufactures products that help protect workers and first responders. Its offerings include portable and fixed gas and flame detection systems, respiratory protection equipment, protective helmets and other head and eye protection, and fall protection systems. The company serves customers in industries such as oil and gas, construction, utilities, mining and manufacturing, as well as fire and emergency services. Its products and safety solutions are sold in markets around the world.