Outokumpu (OTCMKTS:OUTKY) to Issue Dividend of $0.03

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

Outokumpu Price Performance

OUTKY opened at $2.27 on Monday. The company has a current ratio of 1.66, a quick ratio of 0.63 and a debt-to-equity ratio of 0.12. Outokumpu has a 12 month low of $1.37 and a 12 month high of $2.37. The business’s 50-day moving average price is $2.00 and its 200-day moving average price is $1.93. The company has a market cap of $2.15 billion, a P/E ratio of -45.40 and a beta of 0.70.

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

About Outokumpu

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.