Moog increases quarterly dividend 3% to 30c per share

The board of directors of Moog (MOG.A) (MOG.B) declared a quarterly dividend of 30c per share on the company’s issued and outstanding shares of Class A and Class B common stock, a 3% increase over the previous quarter’s dividend. The dividend will be paid on February 26 to all shareholders of record as of the close of business on February 17. The dividend represents a net use of cash of approximately $10M.