Moog (NYSE:MOG-A) Trading Down 1.9% – Here’s Why

Moog Inc. (NYSE:MOG-AGet Free Report) shares fell 1.9% during mid-day trading on Tuesday . The stock traded as low as $169.11 and last traded at $171.75. 167,498 shares changed hands during mid-day trading, The stock had previously closed at $175.00.

Moog Stock Down 1.9 %

The stock has a fifty day simple moving average of $181.09 and a 200 day simple moving average of $195.91.

Moog Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 7th were given a dividend of $0.29 per share. This is an increase from Moog’s previous quarterly dividend of $0.28. This represents a $1.16 dividend on an annualized basis and a yield of 0.68%. Moog’s dividend payout ratio is 13.53%.

Moog Company Profile

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Moog Inc designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets in the United States and internationally. The company's Aircraft Controls segment offers primary and secondary flight controls, and avionics for military and commercial aircraft; and aftermarket support services.

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