MSA Safety Declares Third Quarter Dividend

Rhea-AI Summary

The Board of Directors of MSA Safety has declared a third quarter dividend of 46 cents per share on common stock, payable on September 10, 2022. Shareholders must be on record by August 16, 2022. Additionally, a dividend of 56-1/4 cents per share on preferred stock will be payable on September 1, 2022, also to shareholders of record on August 16, 2022. MSA Safety, established in 1914, had revenues of $1.4 billion in 2021 and operates globally in safety product manufacturing.

Positive

• Third quarter dividend of 46 cents per share demonstrates strong shareholder return.
• Preferred stock dividend of 56-1/4 cents indicates confidence in financial stability.
• 2021 revenue of $1.4 billion reflects robust market position.

Negative

• None.

PITTSBURGH, Aug. 2, 2022 /PRNewswire/ -- The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a third quarter dividend of 46 cents per share on common stock, payable September 10, 2022 to shareholders of record on August 16, 2022. 

The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable September 1, 2022 to shareholders of record on August 16, 2022.

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 dividend amount declared by MSA for the third quarter of 2022?

MSA Safety declared a dividend of 46 cents per share for the third quarter of 2022.

When is the dividend payment date for MSA's common stock?

The dividend payment date for MSA's common stock is September 10, 2022.

What is the dividend amount for MSA preferred stock?

The dividend for MSA preferred stock is 56-1/4 cents per share.

When will MSA's preferred stock dividend be paid?

The preferred stock dividend will be paid on September 1, 2022.

Who are the shareholders eligible for MSA's dividend payments?

Shareholders of record by August 16, 2022, are eligible for both common and preferred stock dividends.