Magellan Aerospace Co. (TSE:MAL – Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of 0.05 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th.
Magellan Aerospace Trading Up 1.8%
MAL stock traded up C$0.58 during mid-day trading on Friday, hitting C$32.62. 30,116 shares of the company were exchanged, compared to its average volume of 55,858. Magellan Aerospace has a 12-month low of C$15.79 and a 12-month high of C$45.70. The firm has a market capitalization of C$1.86 billion, a P/E ratio of 31.07, a PEG ratio of -21.36 and a beta of 0.89. The business has a fifty day simple moving average of C$35.01 and a 200-day simple moving average of C$29.70. The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 11.18.
Magellan Aerospace (TSE:MAL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$0.35 EPS for the quarter. The firm had revenue of C$305.58 million for the quarter. Magellan Aerospace had a net margin of 5.30% and a return on equity of 7.11%. On average, equities research analysts predict that Magellan Aerospace will post 0.9692308 earnings per share for the current fiscal year.
About Magellan Aerospace
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout North America, Europe and India.
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