Iochpe-Maxion S.A. (OTCMKTS:IOCJY) Plans Dividend of $0.02

Iochpe-Maxion S.A. (OTCMKTS:IOCJY) announced a dividend on Friday, September 27th, NASDAQ reports. Investors of record on Monday, October 7th will be given a dividend of 0.0154 per share on Wednesday, May 7th. The ex-dividend date of this dividend is Monday, October 7th. This is an increase from Iochpe-Maxion’s previous dividend of $0.0047127.

Iochpe-Maxion Price Performance

IOCJY stock opened at $1.00 on Friday. Iochpe-Maxion has a fifty-two week low of $0.67 and a fifty-two week high of $1.20. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.59 and a quick ratio of 1.07. The stock has a market capitalization of $461.62 million, a price-to-earnings ratio of 20.00 and a beta of 1.24. The business’s fifty day moving average price is $0.92 and its two-hundred day moving average price is $0.94.

Iochpe-Maxion (OTCMKTS:IOCJY) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.02 EPS for the quarter. Iochpe-Maxion had a net margin of 0.50% and a return on equity of 1.74%. The business had revenue of $737.68 million for the quarter. On average, equities analysts anticipate that Iochpe-Maxion will post 0.1 earnings per share for the current year.

About Iochpe-Maxion

Iochpe-Maxion SA produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally. It operates in two divisions, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-ups, and SUVs, as well as light and medium commercial vehicles; wheels for agricultural machinery; and light aluminum wheels for automobiles.