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

SSAB AB (publ) (OTCMKTS:SSAAY) declared a dividend on Wednesday, April 10th, NASDAQ reports. Shareholders 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

SSAAY opened at $3.03 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.63 and a quick ratio of 1.45. The firm has a market capitalization of $6.24 billion, a PE ratio of 4.92 and a beta of 1.46. The business’s 50-day moving average is $3.59 and its two-hundred day moving average is $3.50. SSAB AB has a 1 year low of $2.51 and a 1 year high of $4.01.

SSAB AB (publ) (OTCMKTS:SSAAY) last issued its quarterly earnings results on Wednesday, January 31st. The basic materials company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $2.49 billion during the quarter. SSAB AB (publ) had a return on equity of 18.72% and a net margin of 10.91%. Research analysts anticipate that SSAB AB will post 0.38 earnings per share for the current fiscal year.

About SSAB AB (publ)

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.