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 dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, December 17th.

Magellan Aerospace Stock Performance

TSE:MAL traded up C$0.20 on Monday, hitting C$18.10. The company’s stock had a trading volume of 29,827 shares, compared to its average volume of 25,589. The company has a current ratio of 2.58, a quick ratio of 1.55 and a debt-to-equity ratio of 11.81. The firm has a market capitalization of C$1.03 billion, a P/E ratio of 22.91, a price-to-earnings-growth ratio of -21.36 and a beta of -0.33. Magellan Aerospace has a one year low of C$9.06 and a one year high of C$19.68. The stock has a fifty day moving average of C$16.97 and a two-hundred day moving average of C$17.13.

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

About Magellan Aerospace

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.