MSA Safety Declares Quarterly Dividend

Rhea-AI Summary

MSA Safety Incorporated (NYSE: MSA) announced a first quarter dividend of 46 cents per share on common stock, payable March 10, 2023, to shareholders on record as of February 14, 2023. This decision follows a board meeting held on January 17. Additionally, a dividend of 56-1/4 cents per share on preferred stock will be paid on March 1, 2023, to shareholders recorded by the same date. With a revenue of $1.4 billion in 2021, MSA Safety is a leader in safety product manufacturing, catering to various industries globally.

AI-generated analysis. Not financial advice.

Positive

• Declared a common stock dividend of 46 cents per share, enhancing shareholder income.
• Announced a preferred stock dividend of 56-1/4 cents per share.

Negative

• None.

News Market Reaction – MSA

-1.94%

1 alert

-1.94% News Effect

On the day this news was published, MSA declined 1.94%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PITTSBURGH, Feb. 3, 2023 /PRNewswire/ -- The Board of Directors of MSA Safety Incorporated (NYSE: MSA) declared a first quarter dividend of 46 cents per share on common stock, payable March 10, 2023, to shareholders of record on February 14, 2023.  The dividend was declared on January 17. 

The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable March 1, 2023, to shareholders of record on February 14, 2023.

About MSA Safety

Established in 1914, MSA Safety Incorporated is the global leader in the development, manufacture and supply of safety products that protect people and facility infrastructures. Many MSA products integrate a combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive product line is used by workers around the world in a broad range of markets, including the oil, gas and petrochemical industry, the fire service, the construction industry, mining and the military. MSA's core products include self-contained breathing apparatus, fixed gas and flame detection systems, portable gas detection instruments, industrial head protection products, firefighter helmets and protective apparel, and fall protection devices. With 2021 revenues of $1.4 billion, MSA employs approximately 4,800 people worldwide. The company is headquartered north of Pittsburgh in Cranberry Township, Pa., and has manufacturing operations in the United States, Europe, Asia and Latin America. With more than 40 international locations, MSA realizes approximately half of its revenue from outside North America. For more information visit MSA's web site at www.MSAsafety.com.

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SOURCE MSA Safety

FAQ

What is the amount of the dividend declared by MSA Safety for Q1 2023?

The dividend declared for Q1 2023 is 46 cents per share on common stock.

When will the MSA Safety Q1 2023 dividend be paid?

The Q1 2023 dividend will be paid on March 10, 2023.

What is the record date for MSA Safety's Q1 2023 dividend?

The record date for the Q1 2023 dividend is February 14, 2023.

When is the preferred stock dividend for MSA Safety due?

The preferred stock dividend of 56-1/4 cents per share is payable on March 1, 2023.

What is MSA Safety's revenue for 2021?

MSA Safety reported revenues of $1.4 billion for the year 2021.