MSA Safety Increases Quarterly Dividend

Rhea-AI Summary

MSA Safety Incorporated (NYSE: MSA) declared a quarterly dividend of 46 cents per share on common stock, set for payment on June 10, 2022, to shareholders of record by May 16, 2022. This reflects a 4% increase from the prior dividend of 44 cents, marking over 50 consecutive years of annual dividend increases. Additionally, a dividend of 56-1/4 cents per share was announced for preferred stock, payable on June 1, 2022.

Positive

• 4% increase in common stock dividend to 46 cents per share.
• Over 50 consecutive years of annual dividend increases.

Negative

• None.

PITTSBURGH, May 2, 2022 /PRNewswire/ -- The Board of Directors of MSA Safety Incorporated (NYSE: MSA) today declared a second quarter dividend of 46 cents per share on common stock, payable June 10, 2022 to shareholders of record on May 16, 2022.  This represents a 4 percent increase from the previous quarterly dividend of 44 cents.  MSA has increased its dividend annually for more than 50 consecutive years.

 The Board also declared a dividend of 56-1/4 cents per share on preferred stock, payable June 1, 2022 to shareholders of record on May 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 Safety for Q2 2022?

MSA Safety declared a dividend of 46 cents per share on common stock for Q2 2022.

When will the Q2 2022 dividend be paid to MSA shareholders?

The Q2 2022 dividend will be paid on June 10, 2022.

What is the percentage increase in MSA Safety's dividend for Q2 2022?

The dividend for Q2 2022 increased by 4% from the previous dividend.

When is the record date for MSA Safety's Q2 2022 dividend?

The record date for the Q2 2022 dividend is May 16, 2022.

What dividend was declared for MSA Safety's preferred stock?

A dividend of 56-1/4 cents per share was declared for preferred stock.