MSA Safety Announces 55 Consecutive Years of Annual Dividend Increases
Rhea-AI Summary
MSA Safety (NYSE: MSA) has announced its 55th consecutive annual dividend increase, raising the quarterly dividend by 4% from $0.51 to $0.53 per common share. This represents a 5% increase in 2025 dividends per common share compared to 2024. The dividend will be payable on June 10, 2025, to shareholders of record on May 15, 2025.
The company also declared a preferred stock dividend of $0.5625 per share, payable June 1, 2025. MSA Safety, with 2024 revenues of $1.8 billion, maintains a strong balance sheet and robust free cash flow generation, enabling it to invest in growth programs aligned with its Accelerate strategy while continuing its commitment to shareholder returns.
Positive
- 55 consecutive years of dividend increases demonstrates strong financial stability
- 4% increase in quarterly dividend shows commitment to shareholder returns
- Strong free cash flow generation supports growth investments
- Robust 2024 revenues of $1.8 billion indicates solid business performance
Negative
- None.
News Market Reaction – MSA
On the day this news was published, MSA gained 0.78%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"As part of our balanced capital allocation strategy, we're pleased to fund our 55th consecutive annual dividend increase," commented Elyse Brody, MSA Safety Interim Chief Financial Officer. "With robust free cash flow generation, we're focused on investing in growth programs that align with our Accelerate strategy. Our strong balance sheet positions us well to execute this growth strategy while delivering on our longstanding commitment of returning value to shareholders."
The Board of Directors also declared a dividend of
About MSA Safety
MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2024 revenues of
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SOURCE MSA Safety
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