Magellan Aerospace Corp T.MAL

Alternate Symbol(s): MALJF

Industrials Aerospace & Defense

Magellan Aerospace Corporation is a global aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies worldwide. The Company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced proprietary products for military and space markets, and provides engine and component repair and overhaul services worldwide. The Company operates the through Aerospace segment, which includes the design, development, manufacture, repair and overhaul, and sale of systems and components for defense and civil aviation. Its products include Engine Cold Section, Engine Hot Section, Engine Shafts, Black Brant, RATO Booster Motors, CRV7 Rocket Weapon System, Small Satellite Bus Platforms, and Manufactured Components and Assemblies, among others. The Company provides supply chain integration by combining core capabilities with global supply chain expertise.

TSX:MAL - Post by User

Magellan Aerospace Corp > dividends

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Post by northcoaston Feb 16, 2021 4:20pm

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Post# 32576673

dividends

There is no way this stock will be under $15.00/share by the summer. That is my opinion (regarding dividends). I doubt they'll cut it, but I must say that most of the other companies I have shares in have cut dividends over the past year, and it never seems to affect share price. It would be a prudent thing to do if it did happen in this case. I see MAL as a growth company anyway.

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