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

SSAB AB (publ) (OTCMKTS:SSAAY) declared a dividend on Wednesday, April 10th, NASDAQ reports. Investors 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 is Thursday, April 25th.

SSAB AB (publ) Price Performance

SSAB AB (publ) stock opened at $2.95 on Tuesday. SSAB AB has a 52 week low of $2.51 and a 52 week high of $4.01. The business has a 50-day simple moving average of $3.61 and a 200 day simple moving average of $3.50. The company has a quick ratio of 1.45, a current ratio of 2.63 and a debt-to-equity ratio of 0.09. The stock has a market cap of $6.08 billion, a price-to-earnings ratio of 4.88 and a beta of 1.46.

SSAB AB (publ) (OTCMKTS:SSAAY) last posted its earnings results on Wednesday, January 31st. The basic materials company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. SSAB AB (publ) had a return on equity of 18.72% and a net margin of 10.91%. The business had revenue of $2.49 billion during the quarter. On average, research 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.