BAE Systems plc (OTCMKTS:BAESY) to Issue Dividend of $0.63

BAE Systems plc (OTCMKTS:BAESY) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Shareholders of record on Friday, October 25th will be paid a dividend of 0.6333 per share by the aerospace company on Monday, December 9th. The ex-dividend date is Friday, October 25th.

BAE Systems Stock Performance

Shares of BAE Systems stock traded up $1.08 on Wednesday, hitting $69.18. 151,981 shares of the company traded hands, compared to its average volume of 267,940. BAE Systems has a 12-month low of $47.81 and a 12-month high of $72.81. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.97 and a current ratio of 1.08. The firm’s 50-day simple moving average is $67.97 and its 200 day simple moving average is $68.22.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of BAE Systems from a “neutral” rating to a “buy” rating in a research report on Monday, July 29th.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.