Magellan Aerospace Co. (MAL) To Go Ex-Dividend on March 19th

Magellan Aerospace Co. (TSE:MAL) announced a quarterly dividend on Wednesday, March 19th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.025 per share on Monday, March 31st. This represents a $0.10 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Wednesday, March 19th.

Magellan Aerospace Trading Up 9.7 %

Shares of MAL stock opened at C$10.70 on Monday. The business’s fifty day moving average price is C$9.95 and its 200 day moving average price is C$10.02. The firm has a market capitalization of C$591.97 million, a PE ratio of 30.61, a P/E/G ratio of -21.36 and a beta of 1.11. The company has a debt-to-equity ratio of 11.81, a current ratio of 2.58 and a quick ratio of 1.55. Magellan Aerospace has a 1-year low of C$7.77 and a 1-year high of C$11.05.

Magellan Aerospace Company Profile

Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts.