Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) Plans Dividend of $0.05

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) announced a dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Monday, April 29th will be paid a dividend of 0.0498 per share by the basic materials company on Friday, July 5th. The ex-dividend date is Friday, April 26th.

Usinas Siderúrgicas de Minas Gerais Stock Performance

USNZY opened at $1.67 on Thursday. Usinas Siderúrgicas de Minas Gerais has a 52 week low of $1.10 and a 52 week high of $2.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89. The firm has a 50-day simple moving average of $1.99 and a two-hundred day simple moving average of $1.74.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last released its quarterly earnings results on Friday, February 9th. The basic materials company reported $0.14 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.15. The business had revenue of $1.37 billion during the quarter. Usinas Siderúrgicas de Minas Gerais had a return on equity of 10.51% and a net margin of 8.90%. Equities analysts predict that Usinas Siderúrgicas de Minas Gerais will post 0.25 EPS for the current year.

Usinas Siderúrgicas de Minas Gerais Company Profile

Usinas Siderúrgicas de Minas Gerais SA manufactures and markets flat steel products in Brazil and internationally. The company operates through three segments: Mining and Logistics, Steel Metallurgy, and Steel Transformation. It extracts and process iron ore, such as pellet and sinter feed and, granulated iron ore; provides storage, handling, and road cargo transportation services; and operates highway and railway cargo terminals.