Dividend Growth of Spirit Aerosystems Holdings, Inc.(SPR)

Spirit Aerosystems Holdings(SPR) is having a Dividend Yield of 0.69% with the Annual cash Dividend per share of $0.1. The last quarter cash dividend per share pay out was $0.1. Spirit Aerosystems Holdings has a 5 year average dividend yield of 0.01% and the stock has a Indicated annual dividend of $0.4. Spirit Aerosystems Holdings(SPR) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.4. The dividend yield based on the forward looking indicated annual dividend is 0.69%. Spirit Aerosystems Holdings(SPR) has the most recent dividend payout ratio of 0.09 with a 5-year average payout ratio of 0. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.08.

Spirit Aerosystems Holdings, Inc. (NYSE:SPR) rose 0.28% or 0.16 points on Thursday and made its way into the gainers of the day. After trading began at $57.67 the stock was seen hitting $57.98 as a peak level and $57.37 as the lowest level. The stock ended up at $57.83. The daily volume was measured at 962,081 shares. The 52-week high of the share price is $61.55 and the 52-week low is $41.27. The company has a market cap of $7,034 million. Shares of Spirit AeroSystems Holdings, Inc. rose by 3.43% in the last five trading days and 2.1% for the last 4 weeks. Spirit AeroSystems Holdings, Inc. is up 3.65% in the last 3-month period. Year-to-Date the stock performance stands at -0.89%.

Currently the company Insiders own 0.41% of Spirit Aerosystems Holdings, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.27% . During last six month period, the net percent change held by insiders has seen a change of -6.34%. Company has reported several Insider transactions to the SEC, on Dec 15, 2016, John L Plueger (director) purchased 2,000 shares at 59.49 per share price.On Dec 5, 2016, Robert D Johnson (director) sold 500 shares at 58.46 per share price.On Aug 17, 2016, John A Pilla (SVP & CTO) sold 6,630 shares at 45.03 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Spirit AeroSystems Holdings was Initiated by SunTrust to Hold on Jan 19, 2017. Spirit AeroSystems Holdings was Downgraded by BofA/Merrill to Underperform on Jan 17, 2017. Spirit AeroSystems Holdings was Initiated by RBC Capital Mkts on Jan 12, 2017 to Underperform, Price Target of the shares are set at $55.Spirit AeroSystems Holdings was Downgraded by JP Morgan to Neutral on Dec 9, 2016.

Spirit AeroSystems Holdings Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.03 EPS for the quarter. Analyst had a consensus estimate of $1.03. The company had revenue of $1570.00 million for the quarter, compared to analysts expectations of $1599.92 million. The companys revenue was down -2.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.95 EPS.

SPIRIT AEROSYSTEMS is the worlds largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirits core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.


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