Moog Inc. Announces Increased Cash Dividend

EAST AURORA, N.Y.--(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

Source: Moog Inc.

FAQ

What is the dividend per share declared by Moog Inc. (NYSE: MOG)?

Moog Inc. (NYSE: MOG) has declared a quarterly dividend of $0.28 per share on its Class A and Class B common stock.

When will the dividend be paid to shareholders of Moog Inc. (NYSE: MOG)?

The dividend will be paid on February 27, 2024, to shareholders of record as of February 9, 2024.

What is the approximate cash use for the declared dividend by Moog Inc. (NYSE: MOG)?

The declared dividend represents a use of cash of approximately $9 million.

Are future dividends from Moog Inc. (NYSE: MOG) guaranteed?

Future declarations of quarterly dividends are subject to the determination and discretion of Moog’s Board of Directors.