Gerdau S.A. (GGB) Ex-Dividend Date Scheduled for March 05, 2013


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Gerdau S.A. ( GGB ) will begin trading ex-dividend on March 05, 2013. A cash dividend payment of $0.0102 per share is scheduled to be paid on March 25, 2013. Shareholders who purchased GGB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -70.43% decrease from the prior quarter.

The previous trading day's last sale of GGB was $8.32, representing a -23.11% decrease from the 52 week high of $10.82 and a 10.71% increase over the 52 week low of $7.52.

GGB is a part of the Capital Goods sector, which includes companies such as POSCO ( PKX ) and Tenaris S.A. ( TS ). GGB's current earnings per share, an indicator of a company's profitability, is $.53. Zacks Investment Research reports GGB's forecasted earnings growth in 2012 as -29.86%, compared to an industry average of 4.4%.

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

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

  • Market Vectors Steel Index ETF Fund ( SLX )
  • EGShares Emerging Markets Metals & Mining ETF ( EMT )
  • EGShares Basic Materials GEMS ETF ( LGEM ).

The top-performing ETF of this group is SLX with an increase of 4.22% over the last 100 days. It also has the highest percent weighting of GGB at 5.11%.

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 Stocks: EMT , GGB , LGEM , PKX , SLX , TS

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