Gerdau S.A. ( GGB ) will begin trading ex-dividend on August 12, 2014. A cash dividend payment of $0.026792 per share is scheduled to be paid on August 28, 2014. Shareholders who purchased GGB stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -15.51% decrease from the prior quarter. At the current stock price of $5.87, the dividend yield is 1.83%.
The previous trading day's last sale of GGB was $5.87, representing a -30.2% decrease from the 52 week high of $8.41 and a 3.16% increase over the 52 week low of $5.69.
GGB is a part of the Capital Goods sector, which includes companies such as Tenaris S.A. ( TS ) and POSCO ( PKX ). GGB's current earnings per share, an indicator of a company's profitability, is $.46. Zacks Investment Research reports GGB's forecasted earnings growth in 2014 as 11.25%, compared to an industry average of 7.2%.
Interested in gaining exposure to GGB through an Exchange Traded Fund [ETF]?
The following ETF(s) have GGB as a top-10 holding:
- EGShares Emerging Markets Metals & Minings ETF (EMT)
- EGShares Basic Materials GEMS Exchange Traded Fund (LGEM).
The top-performing ETF of this group is EMT with an decrease of -10.01% over the last 100 days. It also has the highest percent weighting of GGB at 5.28%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.