BAE Systems plc (OTCMKTS:BAESY – Get Free Report) declared a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 22nd will be given a dividend of 1.0442 per share by the aerospace company on Monday, June 9th. The ex-dividend date is Tuesday, April 22nd. This is a 64.9% increase from BAE Systems’s previous dividend of $0.63.
BAE Systems Price Performance
OTCMKTS:BAESY opened at $94.08 on Friday. BAE Systems has a 12-month low of $56.19 and a 12-month high of $94.41. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 0.72. The stock has a fifty day moving average price of $80.32 and a 200 day moving average price of $69.11.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank lowered shares of BAE Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 10th.
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.
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