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

SSAB AB (publ) (OTCMKTS:SSAAY) announced a dividend on Wednesday, April 10th, NASDAQ reports. Investors of record on Friday, April 26th will be paid 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) Trading Up 2.7 %

Shares of SSAAY opened at $3.03 on Wednesday. The firm’s 50 day simple moving average is $3.59 and its 200 day simple moving average is $3.50. The company has a market capitalization of $6.24 billion, a P/E ratio of 4.92 and a beta of 1.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.63 and a quick ratio of 1.45. 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 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $2.49 billion for the quarter. Sell-side analysts forecast that SSAB AB will post 0.38 earnings per share for the current fiscal year.

SSAB AB (publ) Company Profile

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.