|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.91 - 28.21|
|52 Week Range||19.89 - 34.74|
|Beta (5Y Monthly)||0.45|
|PE Ratio (TTM)||22.50|
|Forward Dividend & Yield||1.45 (5.23%)|
|Ex-Dividend Date||Aug 07, 2020|
|1y Target Est||32.67|
It looks like BAE Systems plc (LON:BA.) is about to go ex-dividend in the next 3 days. Ex-dividend means that...
Britain's BAE Systems warned its 2020 earnings would fall due to COVID-19 disruption but said it would restart dividend payouts because it expected defence sector business to rebound in the second half of the year. The maker of Typhoon fighter jets, combat vehicles, warfare ships and Astute Class nuclear-powered attack submarines, said its defence business, which accounts for 90% of group revenues, was close to being back to pre-pandemic levels. "We expect our defence business to respond positively and deliver a second-half earnings performance very much in line with our original expectations for 2020," Chief executive Charles Woodburn told reporters.
The chief executive of Italian defence firm Leonardo said that other nations are interested in joining Tempest, the British-led project to build a new fighter jet with Italy and Sweden. Britain launched the project in 2018 and has since been joined by Italy and Sweden in a pact to co-operate on fighter jets and get Tempest off the ground as it vies with a rival Franco-German project to win a share of future military budgets. BAE Systems, Britain’s biggest defence company, UK engine maker Rolls-Royce, European missile maker MBDA and Swedish defence company Saab are amongst the companies working to develop Tempest, meant eventually to replace the Eurofighter Typhoon from 2040.