ArcelorMittal (MT) Ex-Dividend Date Scheduled for May 10, 2013

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ArcelorMittal ( MT ) will begin trading ex-dividend on May 10, 2013. A cash dividend payment of $0.2 per share is scheduled to be paid on July 15, 2013. Shareholders who purchased MT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 6.67% increase over the prior quarter.

The previous trading day's last sale of MT was $12.75, representing a -29.13% decrease from the 52 week high of $17.99 and a 14.35% increase over the 52 week low of $11.15.

MT is a part of the Basic Industries sector, which includes companies such as Tenaris S.A. ( TS ) and POSCO ( PKX ). MT's current earnings per share, an indicator of a company's profitability, is -$2.47. Zacks Investment Research reports MT's forecasted earnings growth in 2013 as 139.84%, compared to an industry average of 13%.

For more information on the declaration, record and payment dates, visit the MT Dividend History page.

Interested in gaining exposure to MT through an Exchange Traded Fund [ETF]?
The following ETF(s) have MT as a top-10 holding:

  • PowerShares Global Steel Portfolio (PSTL)
  • Market Vectors Steel Index ETF Fund ( SLX ).

The top-performing ETF of this group is PSTL with an increase of 8.73% over the last 100 days. It also has the highest percent weighting of MT at 7.49%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: MT , PKX , SLX , TS

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