BAE Systems plc (OTCMKTS:BAESY) to Issue Dividend of $0.63

BAE Systems plc (OTCMKTS:BAESY) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Stockholders of record on Friday, October 25th will be given a dividend of 0.6333 per share by the aerospace company on Monday, December 9th. The ex-dividend date of this dividend is Friday, October 25th.

BAE Systems Stock Down 1.0 %

Shares of BAE Systems stock opened at $68.50 on Friday. The firm’s fifty day simple moving average is $68.15 and its 200-day simple moving average is $68.23. BAE Systems has a 12 month low of $47.81 and a 12 month high of $72.81. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 0.41.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of BAE Systems from a “neutral” rating to a “buy” rating in a research note on Monday, July 29th.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.