Home Markets Dividend Growth of Gerdau S.A.(GGB)

Dividend Growth of Gerdau S.A.(GGB)


Gerdau S.A.(GGB) is having a Dividend Yield of 0.28% with the Annual cash Dividend per share of $0.01. Gerdau S.A. has a 5 year average dividend yield of 1.29% and the stock has a Indicated annual dividend of $0.01. Gerdau S.A.(GGB) formally announced its most recent dividend on December 20, 2016 with a Dividend per share of $0.01. The new indicated annual dividend based on announced dividend per share is $0.01. The dividend yield based on the forward looking indicated annual dividend is 0.28%. Gerdau S.A.(GGB) has the most recent dividend payout ratio of 0.39 with a 5-year average payout ratio of 0.21. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.18. The 5 year historical dividend growth of Gerdau S.A.(GGB) is at the rate of -37.89% while the R-Squared dividend growth is 0.86. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Gerdau S.A. (NYSE:GGB) rose 1.17% or 0.05 points on Thursday and made its way into the gainers of the day. After trading began at $4.38 the stock was seen hitting $4.39 as a peak level and $4.21 as the lowest level. The stock ended up at $4.33. The daily volume was measured at 11,531,211 shares. The 52-week high of the share price is $4.39 and the 52-week low is $0.8718. The company has a market cap of $7,393 million. Shares of Gerdau S.A. rose by 8.79% in the last five trading days and 12.18% for the last 4 weeks. Gerdau S.A. is up 14.72% in the last 3-month period. Year-to-Date the stock performance stands at 37.9%.

Currently the company Insiders own 0.02% of Gerdau S.A. shares according to the proxy statements. Institutional Investors own 7.11% of Gerdau S.A. shares.

GERDAU S.A. throughout its 101 years of activities, they are largest long steel producer in Latin America, and have made an important contribution in building the history of the Brazilian industry. Gerdau Group dedicates itself to meeting the growing demands of several dynamic industries involved in the production of goods and in the development of the economy. Gerdau steel is used in construction and industry as well as in the automotive and agricultural sectors.



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