PITTSBURGH, May 2, 2024
/PRNewswire/ -- The Board of Directors of MSA Safety
Incorporated (NYSE: MSA) today approved the company's
54th consecutive annual dividend increase, raising the
quarterly dividend by 8.5% from $0.47
per common share to $0.51 per common
share. The dividend is payable on June
10, 2024 to shareholders of record on May 15, 2024.
"We are pleased to announce today's dividend increase, which
continues to place MSA Safety among a select group of publicly
traded companies with a long-standing track record of consecutive
dividend increases and marks our 76th year of paying
dividends to our shareholders," said Lee
McChesney, MSA Safety Senior Vice President and Chief
Financial Officer. "Aligned with our established balanced
capital allocation policy and enabled by our consistent robust cash
generation, the dividend increase demonstrates our confidence in
our strategy to generate sustainable profitable growth and deliver
attractive long-term returns to our shareholders."
The Board of Directors also declared a dividend of $0.5625 per share on preferred stock, payable
June 1, 2024 to shareholders of
record on May 15, 2024.
About MSA Safety
MSA Safety Incorporated (NYSE: MSA) is the global leader
in advanced safety products, technologies and solutions. Driven by
its singular mission of safety, the Company has been at the
forefront of safety innovation since 1914, protecting workers and
facility infrastructure around the world across a broad range of
diverse end markets while creating sustainable value for
shareholders. With 2023 revenues of $1.8
billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a
team of over 5,000 associates across its more than 40 international
locations. For more information, please visit
www.MSAsafety.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/msa-safety-announces-increase-in-quarterly-dividend-marking-54-consecutive-years-of-annual-dividend-increases-302134268.html
SOURCE MSA Safety
