Magellan Aerospace Co. (MAL) To Go Ex-Dividend on June 16th

Magellan Aerospace Co. (TSE:MAL) announced a quarterly dividend on Tuesday, June 16th, TickerTech Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.05 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 16th.

Magellan Aerospace Trading Up 0.6%

Shares of Magellan Aerospace stock opened at C$32.65 on Friday. The stock has a fifty day simple moving average of C$27.48 and a 200 day simple moving average of C$22.92. Magellan Aerospace has a 12-month low of C$15.05 and a 12-month high of C$34.72. The company has a market capitalization of C$1.86 billion, a P/E ratio of 41.33, a price-to-earnings-growth ratio of -21.36 and a beta of 1.01. The company has a current ratio of 2.51, a quick ratio of 1.55 and a debt-to-equity ratio of 11.46.

Magellan Aerospace (TSE:MAL) last announced its quarterly earnings results on Monday, May 11th. The company reported C$0.29 earnings per share (EPS) for the quarter. Magellan Aerospace had a return on equity of 5.48% and a net margin of 4.22%.The business had revenue of C$285.10 million during the quarter. On average, sell-side analysts anticipate that Magellan Aerospace will post 0.9692308 earnings per share for the current fiscal year.

Magellan Aerospace Company Profile

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.