GrafTech International Ltd (NYSE:EAF) Plans $0.09 Quarterly Dividend

GrafTech International Ltd (NYSE:EAF) declared a quarterly dividend on Wednesday, November 6th, Zacks reports. Investors of record on Friday, November 29th will be paid a dividend of 0.085 per share on Tuesday, December 31st. This represents a $0.34 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Wednesday, November 27th.

Shares of EAF stock opened at $14.13 on Tuesday. The stock has a fifty day moving average price of $12.63 and a 200 day moving average price of $11.80. The stock has a market cap of $4.20 billion, a PE ratio of 4.92 and a beta of 1.71. GrafTech International has a 1 year low of $9.60 and a 1 year high of $16.35.

GrafTech International (NYSE:EAF) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.04). The firm had revenue of $420.80 million for the quarter, compared to analyst estimates of $441.85 million. GrafTech International had a negative return on equity of 97.65% and a net margin of 41.87%. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. As a group, sell-side analysts anticipate that GrafTech International will post 2.56 EPS for the current year.

Several brokerages recently issued reports on EAF. ValuEngine cut GrafTech International from a “hold” rating to a “sell” rating in a report on Saturday. Zacks Investment Research cut GrafTech International from a “hold” rating to a “strong sell” rating in a report on Monday, November 11th.

GrafTech International Company Profile

GrafTech International Ltd. researches, develops, manufactures, and sells graphite and carbon based products worldwide. It offers graphite electrodes, which requires for the production of electric arc furnace steel, ferrous, and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes.

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Dividend History for GrafTech International (NYSE:EAF)

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