|Bid||6.92 x 0|
|Ask||7.07 x 0|
|Day's Range||6.90 - 7.06|
|52 Week Range||4.80 - 16.81|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||7.94|
|Forward Dividend & Yield||0.42 (6.08%)|
|Ex-Dividend Date||Sep 15, 2020|
|1y Target Est||N/A|
Magellan Aerospace Corporation ("Magellan" or the "Corporation") released its financial results for the second quarter of 2020. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows:
Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.105 (ten and one-half cents) per share on the Corporation’s common shares. The dividend is payable on September 30, 2020, to stockholders of record at the close of business on September 16, 2020.
Magellan Aerospace Corporation ("Magellan or Corporation") (TSX:MAL) announced today that the Toronto Stock Exchange (the "TSX or Exchange") has approved its notice of intention to make a normal course issuer bid ("the Bid") to purchase for cancellation, from time to time, as it considers advisable, up to 2,910,450 of the Corporation's issued and outstanding common shares (the "Shares"), being 5% of the 58,209,001 Shares outstanding as of May 25, 2020.