Moog increases quarterly dividend 4% to 27c per share

The board of directors of Moog declared a quarterly dividend of 27c per share on the company’s issued and outstanding shares of Class A common stock and Class B common stock. The dividend will be paid on March 6 to all shareholders of record as of the close of business on February 17. The 27c per share dividend represents a 4% increase over the previous dividend. The dividend represents a use of cash of approximately $9M. Future declarations of quarterly dividends are subject to the determination and discretion of Moog’s board of directors.