Aperam (OTCMKTS:APEMY) Declares $0.44 Dividend

Key Points

• Aperam announced a dividend of $0.44 per share, with shareholders of record set to receive it on September 11th; the ex-dividend date is August 15th.
• The stock price of Aperam increased by 6.7% recently, with a market capitalization of $2.28 billion and a price-to-earnings ratio of 10.77.
• Aperam's earnings report revealed earnings per share of $0.28, missing analysts' estimates, while the company’s revenue exceeded expectations at $1.89 billion.

Aperam (OTCMKTS:APEMY - Get Free Report) announced a dividend on Tuesday, August 12th, investing.com reports. Shareholders of record on Monday, August 18th will be given a dividend of 0.444 per share on Thursday, September 11th. This represents a yield of 571.0%. The ex-dividend date is Friday, August 15th.

Aperam Stock Up 6.7%

Shares of APEMY stock opened at $31.12 on Tuesday. The firm has a fifty day moving average of $31.20 and a 200-day moving average of $30.63. The company has a quick ratio of 0.43, a current ratio of 1.73 and a debt-to-equity ratio of 0.15. Aperam has a 12-month low of $25.34 and a 12-month high of $35.75. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 10.77 and a beta of 1.37.

Aperam (OTCMKTS:APEMY - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.10). Aperam had a net margin of 3.11% and a return on equity of 1.72%. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.71 billion. As a group, equities research analysts predict that Aperam will post 2.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Aperam from a "buy" rating to a "hold" rating in a research note on Thursday, July 10th.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.

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