Bae Systems PLC (OTCMKTS:BAESY) to Issue None Dividend of $0.44

Bae Systems PLC (OTCMKTS:BAESY) announced a None dividend on Tuesday, August 8th, Zacks reports. Shareholders of record on Friday, October 20th will be paid a dividend of 0.437 per share by the aerospace company on Thursday, December 7th. The ex-dividend date of this dividend is Thursday, October 19th.

Bae Systems PLC (BAESY) opened at 31.395 on Friday. The stock has a 50 day moving average price of $33.16 and a 200-day moving average price of $32.89. Bae Systems PLC has a 12-month low of $26.17 and a 12-month high of $35.23. The company has a market cap of $24.95 billion, a price-to-earnings ratio of 17.879 and a beta of 0.84.

BAESY has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Bae Systems PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Berenberg Bank downgraded shares of Bae Systems PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $38.00.

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About Bae Systems PLC

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

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