Outokumpu (OTCMKTS:OUTKY) Declares $0.03 Dividend

Outokumpu (OTCMKTS:OUTKY) announced a dividend on Monday, October 6th, investing.com reports. Investors of record on Thursday, October 16th will be paid a dividend of 0.0343 per share on Thursday, November 6th. This represents a dividend yield of 297.0%. The ex-dividend date of this dividend is Wednesday, October 15th.

Outokumpu Stock Performance

OUTKY stock opened at $2.27 on Tuesday. The company has a 50 day moving average price of $2.01 and a 200 day moving average price of $1.93. Outokumpu has a fifty-two week low of $1.37 and a fifty-two week high of $2.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.66 and a quick ratio of 0.63. The stock has a market capitalization of $2.15 billion, a PE ratio of -45.40 and a beta of 0.70.

Outokumpu (OTCMKTS:OUTKY) last released its earnings results on Thursday, July 31st. The company reported ($0.02) EPS for the quarter. The firm had revenue of $1.69 billion during the quarter. Outokumpu had a negative net margin of 0.82% and a negative return on equity of 1.33%. Analysts forecast that Outokumpu will post 0.07 EPS for the current year.

Outokumpu Company Profile

Outokumpu Oyj produces and sells various stainless steel products in Finland, other European countries, North America, the Asia-Pacific, and internationally. The company operates through three segments: Europe, Americas, and Ferrochrome. It offers cold rolled coils, strips, and sheets; hot rolled coils, strips, and plates; quarto plates; precision strips; and specialized components, such as welded stainless-steel I-beams, H-beams, hollow-section tubes, bent profiles, structural sections, hardened and customized press plates, suction roll shells, and blancs and disks.