Olympic Steel, Inc. ( ZEUS ) will begin trading ex-dividend on May 27, 2016. A cash dividend payment of $0.02 per share is scheduled to be paid on June 15, 2016. Shareholders who purchased ZEUS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 29th quarter that ZEUS has paid the same dividend. At the current stock price of $24.2, the dividend yield is .33%.
The previous trading day's last sale of ZEUS was $24.2, representing a -3.7% decrease from the 52 week high of $25.13 and a 278.13% increase over the 52 week low of $6.40.
ZEUS is a part of the Basic Industries sector, which includes companies such as Baker Hughes Incorporated ( BHI ) and Parker-Hannifin Corporation ( PH ). ZEUS's current earnings per share, an indicator of a company's profitability, is -$2.56. Zacks Investment Research reports ZEUS's forecasted earnings growth in 2016 as 493.75%, compared to an industry average of 7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.