Aperam S.A. (OTCMKTS:APEMY) Announces Dividend of $0.48

Aperam S.A. (OTCMKTS:APEMYGet Rating) announced a dividend on Friday, May 13th, investing.com reports. Investors of record on Monday, May 16th will be given a dividend of 0.4804 per share on Friday, June 10th. This represents a yield of 4.94%. The ex-dividend date is Friday, May 13th.

APEMY stock opened at $35.61 on Friday. The firm’s fifty day moving average is $42.13 and its 200 day moving average is $50.77. Aperam has a one year low of $35.10 and a one year high of $65.15. The firm has a market cap of $2.85 billion, a PE ratio of 2.60 and a beta of 1.89. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.95 and a current ratio of 3.53.

Aperam (OTCMKTS:APEMYGet Rating) last announced its earnings results on Friday, February 11th. The company reported $6.34 earnings per share (EPS) for the quarter. Aperam had a net margin of 18.82% and a return on equity of 35.07%. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.75 billion. Research analysts predict that Aperam will post 11.15 earnings per share for the current fiscal year.

APEMY has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Aperam from €57.00 ($60.00) to €55.00 ($57.89) and set a “neutral” rating on the stock in a research report on Monday, May 9th. Zacks Investment Research downgraded shares of Aperam from a “hold” rating to a “sell” rating in a research note on Monday, May 9th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Aperam from €67.00 ($70.53) to €68.00 ($71.58) in a research note on Tuesday. Credit Suisse Group downgraded shares of Aperam from an “outperform” rating to a “neutral” rating in a research note on Thursday, March 24th. Finally, Exane BNP Paribas downgraded shares of Aperam from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 15th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $60.00.

About Aperam (Get Rating)

Aperam SA, together with its subsidiaries, engages in the production and sale of stainless and specialty steel products worldwide. It operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. The company offers range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.

Further Reading

Dividend History for Aperam (OTCMKTS:APEMY)

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