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PITTSBURGH - MSA Safety Incorporated (NYSE:MSA), a global leader in safety products and solutions, has announced an increase in its annual dividend for the 55th consecutive year. The company’s Board of Directors approved a raise in the quarterly dividend from $0.51 to $0.53 per common share, marking a 4% increase. This adjustment also represents a 5% hike in the 2025 dividends per common share compared to the previous year, bringing the annual dividend yield to 1.31%. The new dividend is set to be paid on June 10, 2025, to shareholders on record as of May 15, 2025. According to InvestingPro, MSA has maintained dividend payments for 53 consecutive years, demonstrating its commitment to shareholder returns.
Elyse Brody, MSA Safety’s Interim Chief Financial Officer, expressed the company’s commitment to a balanced capital allocation strategy, which includes funding annual dividend increases. Brody highlighted MSA Safety’s strong free cash flow generation and the intention to invest in growth initiatives that align with their Accelerate strategy. The company’s financial health is rated as "GREAT" by InvestingPro, with liquid assets exceeding short-term obligations and a moderate debt level. The company maintains a healthy current ratio of 2.94 and operates with a sustainable debt-to-equity ratio of 0.42.
In addition to the dividend increase for common stock, the Board of Directors declared a dividend of $0.5625 per share on preferred stock, which is payable on June 1, 2025, to shareholders of record on May 15, 2025.
MSA Safety has been a prominent player in the safety industry since 1914, focusing on the development of advanced safety products, technologies, and solutions. With a mission centered on safety, the company has consistently led innovation to protect workers and facility infrastructure across various markets. MSA Safety, with headquarters in Cranberry Township, Pennsylvania, reported revenues of $1.8 billion in 2024 and employs over 5,000 associates worldwide.
This dividend increase is based on a press release statement from MSA Safety Incorporated.
In other recent news, MSA Safety reported robust financial results for the first quarter of 2025, surpassing both earnings and revenue expectations. The company achieved an earnings per share (EPS) of $1.68, exceeding the projected $1.58, and reported revenue of $421 million, which outperformed the forecast of $402.6 million. This performance was driven by a 4% organic revenue increase and strategic pricing adjustments, particularly in the detection segment, which showed strong growth. Analysts noted the company’s effective pricing strategies and operational efficiencies as key factors in exceeding market expectations.
In addition to financial results, MSA Safety has been proactive in addressing potential challenges posed by tariffs and currency headwinds. The company has implemented targeted price increases to mitigate the impact of evolving tariff rates, which are expected to affect the second half of the year. Furthermore, MSA Safety’s revolving credit facility was increased to $1.3 billion, ensuring ample liquidity for future growth initiatives.
Analyst firms like Baird and William Blair have highlighted the detection segment as a significant growth area for MSA Safety, with expectations of continued strong performance in 2025. The company remains committed to its strategic goals and 2028 financial targets, despite potential short-term challenges from tariffs and supply chain disruptions. Overall, MSA Safety’s recent developments underscore its resilience and strategic agility in navigating a dynamic operating environment.
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