MSA Safety Declares Third Quarter Dividend

Rhea-AI Summary

The Board of Directors of MSA Safety has declared a third quarter dividend of 43 cents per share on common stock, payable on September 10, 2020, to shareholders of record on August 17, 2020. Additionally, a dividend of 56-1/4 cents per share on preferred stock will be paid on September 1, 2020, also to shareholders of record on August 17, 2020. MSA Safety, a leader in safety products, achieved $1.4 billion in revenue in 2019 and operates globally with significant sales outside North America.

Positive

• Declared a common stock dividend of 43 cents per share.
• Dividend payment reflects company confidence in financial stability.
• 2019 revenue of $1.4 billion indicates strong market presence.

Negative

• None.

PITTSBURGH, Aug. 4, 2020 /PRNewswire/ -- The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a third quarter dividend of 43 cents per share on common stock, payable September 10, 2020 to shareholders of record on August 17, 2020. 

The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable September 1, 2020 to shareholders of record on August 17, 2020.

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 2019 revenues of $1.4 billion, MSA employs approximately 5,000 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 MSA's dividend amount for the third quarter?

MSA declared a dividend of 43 cents per share for the third quarter.

When will MSA's dividend be paid?

The dividend will be paid on September 10, 2020.

What is the record date for the common stock dividend?

The record date for the common stock dividend is August 17, 2020.

How much is the preferred stock dividend declared by MSA?

MSA declared a dividend of 56-1/4 cents per share on preferred stock.