Moog Inc. Announces Increased Cash Dividend
27 January 2024 - 12:00AM
Business Wire
The Board of Directors of Moog Inc. (NYSE: MOG.A and MOG.B)
declared a quarterly dividend of $0.28 per share on the Company’s
issued and outstanding shares of Class A and Class B common stock,
a 4% increase over the previous quarter’s dividend. The dividend
will be paid on February 27, 2024 to all shareholders of record as
of the close of business on February 9, 2024.
The dividend represents a use of cash of approximately $9
million. Future declarations of quarterly dividends are subject to
the determination and discretion of Moog’s Board of Directors.
About Moog Inc.
Moog Inc. is a worldwide designer, manufacturer, and integrator
of precision control components and systems. Moog’s
high-performance systems control military and commercial aircraft,
satellites and space vehicles, launch vehicles, defense systems,
missiles, automated industrial machinery, marine and medical
equipment. Additional information about the company can be found at
www.moog.com.
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Aaron Astrachan 716.687.4225
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