Aperam S.A. (OTCMKTS:APEMY) to Issue Dividend Increase – $0.52 Per Share

Aperam S.A. (OTCMKTS:APEMY) announced a quarterly dividend on Tuesday, February 18th, NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.5224 per share on Thursday, March 20th. This represents a $2.09 annualized dividend and a dividend yield of 6.85%. The ex-dividend date is Friday, February 28th. This is a boost from Aperam’s previous quarterly dividend of $0.46.

Aperam Price Performance

APEMY stock opened at $30.50 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 2.82 and a debt-to-equity ratio of 0.15. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 8.82 and a beta of 1.56. The company’s fifty day simple moving average is $27.22 and its 200 day simple moving average is $27.95. Aperam has a 12-month low of $25.18 and a 12-month high of $32.19.

Aperam (OTCMKTS:APEMY) last posted its quarterly earnings data on Friday, February 7th. The company reported $0.18 earnings per share for the quarter. Aperam had a return on equity of 2.02% and a net margin of 3.73%. On average, analysts expect that Aperam will post 2.84 earnings per share for the current year.

About Aperam

Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel products, including grain oriented and non-grain oriented electrical steel products, and specialty alloys.