Acerinox (OTCMKTS:ANIOY - Get Free Report) announced a dividend on Wednesday, July 16th, investing.com reports. Stockholders of record on Friday, July 18th will be paid a dividend of 0.1085 per share on Monday, August 4th. This represents a dividend yield of 3.21%. The ex-dividend date of this dividend is Thursday, July 17th. This is a 10.4% increase from Acerinox's previous dividend of $0.10.
Acerinox Trading Down 3.2%
Shares of OTCMKTS ANIOY traded down $0.20 during midday trading on Friday, reaching $6.10. 202 shares of the stock were exchanged, compared to its average volume of 867. The company has a market capitalization of $3.04 billion, a P/E ratio of 16.05 and a beta of 1.11. Acerinox has a 52-week low of $4.45 and a 52-week high of $6.50. The company has a current ratio of 2.16, a quick ratio of 1.06 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average price of $5.99 and a 200-day moving average price of $5.64.
Acerinox (OTCMKTS:ANIOY - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.11). Acerinox had a net margin of 3.34% and a return on equity of 7.07%. Equities research analysts expect that Acerinox will post 0.48 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, BNP Paribas cut shares of Acerinox to a "neutral" rating in a research report on Monday, April 7th.
Read Our Latest Stock Report on Acerinox
Acerinox Company Profile
(
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Acerinox, SA, together with its subsidiaries, manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally. It operates through Stainless steel, and High-performance Alloys segments. The company offers flat products, including hot and cold rolled coils and sheets, strips, flat bars, and discs, as well as engraved coil and sheet, black coil, slabs, circles, billets, and plates.
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