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

Usinas Siderúrgicas de Minas Gerais S.A. (OTCMKTS:USNZY) declared 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 Down 6.7 %

USNZY opened at $1.67 on Thursday. Usinas Siderúrgicas de Minas Gerais has a fifty-two week low of $1.10 and a fifty-two week high of $2.23. The company’s 50-day moving average is $1.99 and its 200 day moving average is $1.74. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.25 and a quick ratio of 1.89.

Usinas Siderúrgicas de Minas Gerais (OTCMKTS:USNZY) last posted its earnings results on Friday, February 9th. The basic materials company reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.15. The firm had revenue of $1.37 billion for the quarter. Usinas Siderúrgicas de Minas Gerais had a net margin of 8.90% and a return on equity of 10.51%. As a group, research analysts anticipate that Usinas Siderúrgicas de Minas Gerais will post 0.25 EPS for the current fiscal 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.