Moog (NYSE:MOG.B) Sees Large Volume Increase After Dividend Announcement

Shares of Moog Inc (NYSE:MOG.B) saw unusually-high trading volume on Monday after the company announced a dividend. Approximately 774 shares traded hands during trading, an increase of 54% from the previous session’s volume of 502 shares.The stock last traded at $189.64 and had previously closed at $213.68.

The newly announced dividend which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be given a $0.29 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.16 dividend on an annualized basis and a yield of 0.62%. This is a positive change from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio is currently 17.47%.

Moog Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 2.14. The firm’s 50 day moving average price is $207.05 and its 200-day moving average price is $198.70. The firm has a market capitalization of $5.97 billion, a PE ratio of 29.69 and a beta of 1.12.

Moog (NYSE:MOG.B) last posted its quarterly earnings results on Friday, January 24th. The aerospace company reported $1.78 earnings per share for the quarter. Moog had a net margin of 5.74% and a return on equity of 14.18%.

About Moog

Moog Inc designs, manufactures, and integrates precision motion and fluid controls and systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircrafts Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids.