Magellan Aerospace Co. (MAL) To Go Ex-Dividend on December 17th

Magellan Aerospace Co. (TSE:MAL) declared a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.05 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, December 17th.

Magellan Aerospace Stock Up 1.1%

Shares of TSE:MAL traded up C$0.20 on Monday, hitting C$18.10. 29,827 shares of the company traded hands, compared to its average volume of 25,589. The stock has a 50 day simple moving average of C$16.97 and a 200-day simple moving average of C$17.13. The company has a quick ratio of 1.55, a current ratio of 2.58 and a debt-to-equity ratio of 11.81. The company has a market cap of C$1.03 billion, a PE ratio of 22.91, a PEG ratio of -21.36 and a beta of -0.33. Magellan Aerospace has a 52 week low of C$9.06 and a 52 week high of C$19.68.

Magellan Aerospace (TSE:MAL) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.22 earnings per share for the quarter. Magellan Aerospace had a net margin of 2.09% and a return on equity of 2.58%. The company had revenue of C$255.67 million during the quarter. As a group, research analysts expect that Magellan Aerospace will post 0.9692308 earnings per share for the current year.

Magellan Aerospace Company Profile

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services.