Briggs & Stratton Corp. (BGG) Announces Quarterly Dividend of $0.13
Briggs & Stratton Corp. (NYSE:BGG) declared a quarterly dividend on Wednesday, August 13th, Analyst Ratings Net reports. Investors of record on Wednesday, September 17th will be given a dividend of 0.125 per share on Wednesday, October 1st. This represents a $0.50 dividend on an annualized basis and a yield of 2.59%.
On a related note, analysts at Zacks downgraded shares of Briggs & Stratton Corp. from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 24th. They now have a $18.10 price target on the stock.
Shares of Briggs & Stratton Corp. (NYSE:BGG) traded down 0.10% during mid-day trading on Wednesday, hitting $19.26. The stock had a trading volume of 432,367 shares. Briggs & Stratton Corp. has a 1-year low of $18.18 and a 1-year high of $23.02. The stock has a 50-day moving average of $19. and a 200-day moving average of $20.95. The company’s market cap is $899.9 million.
Briggs & Stratton Corporation (NYSE:BGG) is a producer of air cooled gasoline engines for outdoor power equipment.
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