EVRAZ plc (LON:EVR) Declares $0.35 Dividend

EVRAZ plc (LON:EVR) declared a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.35 per share on Thursday, September 5th. This represents a dividend yield of 4.73%. The ex-dividend date is Thursday, August 15th. The official announcement can be accessed at this link.

Shares of LON EVR opened at GBX 492.60 ($6.44) on Friday. The firm has a market cap of $7.20 billion and a PE ratio of 2.99. EVRAZ has a 52 week low of GBX 435.50 ($5.69) and a 52 week high of GBX 710.20 ($9.28). The company has a 50-day simple moving average of GBX 630.93. The company has a debt-to-equity ratio of 235.45, a quick ratio of 0.87 and a current ratio of 1.52.

Several equities research analysts have issued reports on EVR shares. Citigroup cut shares of EVRAZ to a “sell” rating and decreased their price target for the stock from GBX 611 ($7.98) to GBX 530 ($6.93) in a research note on Tuesday, June 18th. JPMorgan Chase & Co. raised their price target on shares of EVRAZ from GBX 450 ($5.88) to GBX 515 ($6.73) and gave the stock an “underweight” rating in a research note on Friday, August 9th. Finally, Goldman Sachs Group decreased their price target on shares of EVRAZ from GBX 500 ($6.53) to GBX 460 ($6.01) and set a “sell” rating on the stock in a research note on Monday.

In related news, insider Alexander Frolov sold 4,165,362 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of GBX 635 ($8.30), for a total value of £26,450,048.70 ($34,561,673.46).

EVRAZ Company Profile

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. It operates through four segments: Steel; Steel, North America; Coal; and Other Operations. The company's products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.

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Dividend History for EVRAZ (LON:EVR)

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