BAE Systems plc (LON:BA) announced a dividend on Thursday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 6th will be paid a dividend of GBX 13.80 ($0.17) per share on Monday, September 14th. This represents a yield of 2.89%. The ex-dividend date is Thursday, August 6th. The official announcement can be accessed at this link.
The firm has a market capitalization of $15.34 billion and a price-to-earnings ratio of 10.34. The stock’s 50 day moving average is GBX 494.16 and its two-hundred day moving average is GBX 545.12. BAE Systems has a twelve month low of GBX 4.80 ($0.06) and a twelve month high of GBX 672.80 ($8.28). The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 87.37.
BA has been the topic of several research reports. Credit Suisse Group decreased their price target on shares of BAE Systems from GBX 690 ($8.49) to GBX 645 ($7.94) and set an “outperform” rating on the stock in a research note on Monday, June 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of BAE Systems in a research note on Friday, June 26th. Societe Generale raised shares of BAE Systems to a “buy” rating and dropped their price target for the company from GBX 705 ($8.68) to GBX 550 ($6.77) in a research report on Friday, April 24th. Berenberg Bank dropped their price target on shares of BAE Systems from GBX 600 ($7.38) to GBX 590 ($7.26) and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Finally, Morgan Stanley reiterated an “overweight” rating and set a GBX 625 ($7.69) target price on shares of BAE Systems in a research note on Thursday, June 11th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 636.25 ($7.83).
About BAE Systems
BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.
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