Iochpe-Maxion S.A. (OTCMKTS:IOCJY) Declares Dividend of $0.02

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

Iochpe-Maxion Price Performance

Shares of OTCMKTS:IOCJY opened at $1.00 on Friday. The firm has a 50 day moving average of $0.95 and a 200-day moving average of $0.93. Iochpe-Maxion has a 12 month low of $0.67 and a 12 month high of $1.20. The company has a current ratio of 1.59, a quick ratio of 1.07 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $461.62 million, a PE ratio of 20.00 and a beta of 1.24.

Iochpe-Maxion (OTCMKTS:IOCJY) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.02 EPS for the quarter. The business 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, equities research analysts predict 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.