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MSA Safety Increases Quarterly Dividend
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PITTSBURGH, May 3, 2021 /PRNewswire/ The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a second quarter dividend of 44 cents per share on common stock, payable June 10, 2021 to shareholders of record on May 17, 2021. This represents a 2 percent increase from the previous quarterly dividend of 43 cents. MSA has increased its dividend annually for more than 50 consecutive years.
The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable June 1, 2021 to shareholders of record on May 17, 2021.
According to Kenneth Krause, MSA Senior Vice President Chief Financial Officer and Treasurer, the company continues to execute a balanced capital allocation strategy focused on growing its business and returning value to shareholders. Over the past twelve months, the company has funded $67 million of dividends to share
MSA Safety Increases Quarterly Dividend
News provided by
Share this article
Share this article
PITTSBURGH, May 3, 2021 /PRNewswire/ The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a second quarter dividend of 44 cents per share on common stock, payable June 10, 2021 to shareholders of record on May 17, 2021. This represents a 2 percent increase from the previous quarterly dividend of 43 cents. MSA has increased its dividend annually for more than 50 consecutive years.
The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable June 1, 2021 to shareholders of record on May 17, 2021.
According to Kenneth Krause, MSA Senior Vice President Chief Financial Officer and Treasurer, the company continues to execute a balanced capital allocation strategy focused on growing its business and returning value to shareholders. Over the past twelve months, the company has funded $67 million of dividends to share
MSA Safety Announces First Quarter Results
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PITTSBURGH, April 28, 2021 /PRNewswire/ Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today reported results for the first quarter of 2021.
Quarterly Highlights
Revenue was $308 million, decreasing 10 percent from a year ago on a reported basis and 11 percent on a constant currency basis.
GAAP operating income was $44 million or 14.3 percent of sales, compared to $59 million or 17.2 percent of sales in the same period a year ago. Adjusted operating income was $47 million or 15.4 percent of sales, compared to $64 million or 18.7 percent of sales in the same period a year ago.