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Gerdau S.A. (GGB) Ex-Dividend Date Scheduled for August 12, 2014

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%.

For more information on the declaration, record and payment dates, visit the GGB Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

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.


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

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