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

MSA Safety Incorporporated (NYSE:MSA) declared a quarterly dividend on Thursday, January 15th. Investors 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) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, February 13th.

MSA Safety Incorporporated has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 56 years. MSA Safety Incorporporated has a payout ratio of 24.5% indicating that its dividend is sufficiently covered by earnings. Equities 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 Up 1.4%

Shares of MSA stock traded up $2.51 during trading hours on Thursday, reaching $182.63. The company had a trading volume of 213,158 shares, compared to its average volume of 224,482. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 25.76 and a beta of 0.97. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.08 and a quick ratio of 1.86. MSA Safety Incorporporated has a 12 month low of $127.86 and a 12 month high of $183.07. The business has a fifty day simple moving average of $162.18 and a 200-day simple moving average of $168.01.

MSA Safety Incorporporated (NYSE:MSA) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $468.45 million for the quarter, compared to analyst estimates of $461.37 million. During the same period last year, the firm earned $1.83 earnings per share. The firm’s revenue was up 8.3% on a year-over-year basis. On average, research analysts expect that MSA Safety Incorporporated will post 8.06 earnings per share for the current fiscal year.

About MSA Safety Incorporporated

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.