Why MSA Safety (MSA) is a Strong Buy and Hold Dividend Stock

MSA Safety Incorporated (NYSE:MSA) is included among the 10 Best Dividend Stocks to Buy and Hold Forever.

MSA Safety Incorporated (NYSE:MSA) is an American company that produces and supplies safety equipment used in high-risk environments such as construction, firefighting, the military, and the chemical, oil, and gas industries.

In recent years, MSA Safety Incorporated (NYSE:MSA) has increasingly focused on software, with nearly half of its engineering team now dedicated to software development. This transformation has allowed it to become more integrated into its customers’ daily operations by providing real-time data and predictive analytics that enhance safety and decision-making, without driving up manufacturing costs. Alongside this internal shift, the company has followed a strategic acquisition approach, bringing companies like Bacharach and BTQ into its portfolio to strengthen its presence in related safety sectors.

MSA Safety Incorporated (NYSE:MSA) is a strong dividend stock. On May 2, the company declared a 3.9% hike in its quarterly dividend to $0.53 per share. Through this increase, the company achieved its 55th consecutive year of dividend growth, which makes it one of the best dividend stocks. MSA offers a dividend yield of 1.19%, as recorded on July 31.

While we acknowledge the potential of MSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.