SSAB AB (publ) (OTCMKTS:SSAAY) to Issue Dividend of $0.24

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SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) declared a dividend on Wednesday, April 10th, NASDAQ reports. Investors of record on Friday, April 26th will be given a dividend of 0.2366 per share by the basic materials company on Friday, May 17th. The ex-dividend date of this dividend is Thursday, April 25th.

SSAB AB (publ) Price Performance

OTCMKTS:SSAAY traded down $0.04 during mid-day trading on Wednesday, hitting $3.25. The company's stock had a trading volume of 512 shares, compared to its average volume of 2,664. SSAB AB has a fifty-two week low of $2.51 and a fifty-two week high of $4.01. The company has a current ratio of 2.63, a quick ratio of 1.45 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 5.48 and a beta of 1.46. The stock has a fifty day moving average of $3.75 and a 200-day moving average of $3.48.

SSAB AB (publ) (OTCMKTS:SSAAY - Get Free Report) last posted its quarterly earnings results on Wednesday, January 31st. The basic materials company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. SSAB AB (publ) had a net margin of 10.91% and a return on equity of 18.72%. The firm had revenue of $2.49 billion during the quarter. As a group, equities analysts forecast that SSAB AB will post 0.4 EPS for the current fiscal year.

SSAB AB (publ) Company Profile

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SSAB AB (publ) produces and sells steel products in Sweden, Finland, Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products for steel and plate production.

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