Shares of Magellan Aerospace (TSE MAL) opened at C$20.31 on Thursday. Magellan Aerospace has a 12 month low of C$17.43 and a 12 month high of C$21.90. The stock has a market cap of $1,180.00, a price-to-earnings ratio of 11.47 and a beta of 0.55.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.67%. Magellan Aerospace’s dividend payout ratio (DPR) is 14.69%.
Magellan Aerospace Corporation is a Canada-based supplier of components to the aerospace industry and in certain applications for power generation projects. The Company engineers and manufactures aeroengine and aerostructure components for aerospace markets, including products for defense and space markets, and complementary specialty products.
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