Iochpe-Maxion S.A. (IOCJY) to Issue Dividend of $0.02 on May 7th

Iochpe-Maxion S.A. (OTCMKTS:IOCJY) announced a dividend on Friday, September 27th, NASDAQ reports. Stockholders of record on Monday, October 7th will be paid a dividend of 0.0154 per share on Wednesday, May 7th. The ex-dividend date of this dividend is Monday, October 7th. This is a positive change from Iochpe-Maxion’s previous dividend of $0.0047127.

Iochpe-Maxion Price Performance

OTCMKTS:IOCJY opened at $1.00 on Friday. The stock has a market capitalization of $461.62 million, a PE ratio of 20.00 and a beta of 1.24. Iochpe-Maxion has a 1-year low of $0.67 and a 1-year high of $1.20. The firm has a fifty day simple moving average of $0.92 and a 200 day simple moving average of $0.94. The company has a current ratio of 1.59, a quick ratio of 1.07 and a debt-to-equity ratio of 1.15.

Iochpe-Maxion (OTCMKTS:IOCJY) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.02 EPS for the quarter. The firm had revenue of $737.68 million during the quarter. Iochpe-Maxion had a net margin of 0.50% and a return on equity of 1.74%. On average, research analysts expect that Iochpe-Maxion will post 0.1 EPS for the current fiscal year.

Iochpe-Maxion Company Profile

Iochpe-Maxion SA produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally. It operates in two divisions, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-ups, and SUVs, as well as light and medium commercial vehicles; wheels for agricultural machinery; and light aluminum wheels for automobiles.