Gerdau S.A. (GGB) Ex-Dividend Date Scheduled for May 20, 2013


Gerdau S.A. ( GGB ) will begin trading ex-dividend on May 20, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on June 10, 2013. Shareholders who purchased GGB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -1.96% decrease from the prior quarter. At the current stock price of $6.67, the dividend yield is .6%.

The previous trading day's last sale of GGB was $6.67, representing a -38.35% decrease from the 52 week high of $10.82 and a 1.68% increase over the 52 week low of $6.56.

GGB is a part of the Capital Goods sector, which includes companies such as Tenaris S.A. ( TS ) and POSCO ( PKX ).

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 decrease of -15.82% over the last 100 days. It also has the highest percent weighting of GGB at 5.16%.

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

This article appears in: News Headlines , Stocks

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

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