Free Trial

Sims Metal Management Ltd. Announces Dividend of $0.07 (OTCMKTS:SMSMY)

Sims Metal Management logo with Business Services background

Key Points

  • Sims Metal Management Ltd. announced a dividend of $0.0688 per share, with a yield of 134.0%, to be paid on October 27th to stockholders of record as of October 2nd.
  • The company's stock opened at $8.89, with a 1-year trading range of $6.84 to $11.85, and it maintains a low debt-to-equity ratio of 0.20.
  • Sims Limited specializes in buying, processing, and selling ferrous and non-ferrous recycled metals, operating in regions including Australia, the U.S., and various international markets.
  • Interested in Sims Metal Management? Here are five stocks we like better.

Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) declared a dividend on Wednesday, October 1st, investing.com reports. Stockholders of record on Thursday, October 2nd will be paid a dividend of 0.0688 per share by the industrial products company on Monday, October 27th. This represents a dividend yield of 134.0%. The ex-dividend date of this dividend is Wednesday, October 1st.

Sims Metal Management Stock Performance

Sims Metal Management stock opened at $8.89 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66. Sims Metal Management has a 1-year low of $6.84 and a 1-year high of $11.85. The firm's fifty day simple moving average is $9.59 and its 200-day simple moving average is $9.63.

About Sims Metal Management

(Get Free Report)

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.

Featured Articles

Dividend History for Sims Metal Management (OTCMKTS:SMSMY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Sims Metal Management Right Now?

Before you consider Sims Metal Management, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sims Metal Management wasn't on the list.

While Sims Metal Management currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.