Iochpe-Maxion SA (IOCJY) To Go Ex-Dividend on October 10th

Iochpe-Maxion SA (OTCMKTS:IOCJY) declared a dividend on Friday, October 3rd, investing.com reports. Shareholders of record on Monday, October 13th will be given a dividend of 0.0125 per share on Thursday, May 7th. This represents a yield of 208.0%. The ex-dividend date of this dividend is Friday, October 10th.

Iochpe-Maxion Price Performance

Shares of IOCJY opened at $0.60 on Friday. The firm has a market capitalization of $276.70 million, a P/E ratio of 6.00 and a beta of 0.69. Iochpe-Maxion has a 12-month low of $0.50 and a 12-month high of $0.95. The company has a current ratio of 1.68, a quick ratio of 1.04 and a debt-to-equity ratio of 1.10. The firm has a fifty day moving average price of $0.87 and a 200-day moving average price of $0.66.

Iochpe-Maxion (OTCMKTS:IOCJY) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. The firm had revenue of $746.48 million during the quarter, compared to the consensus estimate of $4.26 billion. Iochpe-Maxion had a return on equity of 5.67% and a net margin of 1.74%. Equities research analysts expect that Iochpe-Maxion will post 0.09 earnings per share for the current year.

About Iochpe-Maxion

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.