Moog (NYSE:MOG.B) Sees Unusually-High Trading Volume Following Dividend Announcement

Moog Inc (NYSE:MOG.B) shares saw an uptick in trading volume on Monday following a dividend announcement from the company. 774 shares were traded 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. Stockholders of record on Friday, February 7th will be paid a $0.29 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.16 annualized dividend and a dividend yield of 0.66%. This is an increase from Moog’s previous quarterly dividend of $0.28. Moog’s dividend payout ratio is currently 17.47%.

Moog Stock Performance

The stock has a market capitalization of $5.64 billion, a P/E ratio of 27.50 and a beta of 1.12. The company has a current ratio of 2.14, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $207.05 and a two-hundred day moving average price of $198.70.

Moog (NYSE:MOG.B) last announced its quarterly earnings data 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%.

Moog Company Profile

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.