Magellan Aerospace Co. (TSE:MAL – Get Free Report) declared a quarterly dividend on Tuesday, September 15th. Shareholders of record on Tuesday, September 29th will be given a dividend of 0.05 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 15th.
Magellan Aerospace Price Performance
Shares of Magellan Aerospace stock traded up C$0.58 on Friday, hitting C$32.62. 30,116 shares of the company were exchanged, compared to its average volume of 55,858. The stock has a market capitalization of C$1.86 billion, a price-to-earnings ratio of 31.07, a price-to-earnings-growth ratio of -21.36 and a beta of 0.89. The company has a 50-day moving average price of C$35.01 and a 200 day moving average price of C$29.70. Magellan Aerospace has a 1-year low of C$15.79 and a 1-year high of C$45.70. The company has a quick ratio of 1.55, a current ratio of 2.52 and a debt-to-equity ratio of 11.18.
Magellan Aerospace (TSE:MAL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported C$0.35 EPS for the quarter. The firm had revenue of C$305.58 million during the quarter. Magellan Aerospace had a return on equity of 7.11% and a net margin of 5.30%. As a group, sell-side analysts predict that Magellan Aerospace will post 0.9692308 earnings per share for the current fiscal year.
About Magellan Aerospace
Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout North America, Europe and India.
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