Iochpe-Maxion S.A. (OTCMKTS:IOCJY) Plans $0.01 Dividend

Iochpe-Maxion S.A. (OTCMKTS:IOCJY) announced a dividend on Thursday, February 27th, NASDAQ Dividends reports. Shareholders of record on Monday, March 10th will be given a dividend of 0.0089 per share on Wednesday, April 9th. The ex-dividend date of this dividend is Monday, March 10th.

Iochpe-Maxion Price Performance

Shares of OTCMKTS:IOCJY remained flat at $0.56 during midday trading on Friday. The company has a quick ratio of 1.05, a current ratio of 1.56 and a debt-to-equity ratio of 1.12. Iochpe-Maxion has a 1-year low of $0.46 and a 1-year high of $1.20. The business’s 50-day moving average is $0.56 and its 200 day moving average is $0.69. The company has a market capitalization of $258.51 million, a P/E ratio of 7.00 and a beta of 1.36.

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.